3 TSX Growth Companies With High Insider Ownership Expecting Up To 71% Earnings Growth

Over the last 7 days, the Canadian market has risen 2.2%, and in the last year, it has climbed 12%, with earnings forecast to grow by 15% annually. In this favorable environment, growth companies with high insider ownership can be particularly attractive as they often demonstrate strong commitment from those who know the business best.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Vox Royalty (TSX:VOXR)	12.6%	63.7%
Allied Gold (TSX:AAUC)	22.5%	60.8%
goeasy (TSX:GSY)	21.5%	17.1%
Payfare (TSX:PAY)	14.7%	37.7%
Ivanhoe Mines (TSX:IVN)	12.3%	40.9%
Medicenna Therapeutics (TSX:MDNA)	15.4%	57.2%
Aya Gold & Silver (TSX:AYA)	10.3%	68.5%
Artemis Gold (TSXV:ARTG)	29.3%	43.6%
Alpha Cognition (CNSX:ACOG)	17.9%	69.5%
Almonty Industries (TSX:AII)	17.7%	105%

Click here to see the full list of 35 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the screener.

Aya Gold & Silver (TSX:AYA)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc., with a market cap of CA$1.79 billion, is involved in the exploration, evaluation, and development of precious metals projects in Morocco.

Operations: Revenue from the Zgounder Silver Mine in Morocco amounted to $37.48 million.

Insider Ownership: 10.3%

Earnings Growth Forecast: 68.5% p.a.

Aya Gold & Silver, a growth company with high insider ownership in Canada, is forecast to achieve significant annual earnings growth of 68.55% and revenue growth of 56.3%. Despite recent shareholder dilution and lower profit margins compared to last year, substantial insider buying over the past three months indicates strong internal confidence. Recent exploration results from Morocco's Boumadine project highlight large-scale potential, bolstered by promising geophysical survey findings and high-grade silver drill results at Zgounder Silver Mine.

• Take a closer look at Aya Gold & Silver's potential here in our earnings growth report.
• The analysis detailed in our Aya Gold & Silver valuation report hints at an inflated share price compared to its estimated value.

Canfor (TSX:CFP)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Canfor Corporation is an integrated forest products company with operations in the United States, Asia, Canada, Europe, and internationally, and has a market cap of CA$1.78 billion.

Operations: Canfor's revenue segments include Lumber at CA$4.67 billion and Pulp & Paper at CA$825 million.

Insider Ownership: 22.4%

Earnings Growth Forecast: 71.8% p.a.

Canfor, with high insider ownership, is forecast to become profitable within three years and sees revenue growth of 6.7% annually, outpacing the Canadian market. Despite a recent net loss of CAD 191.1 million in Q2 2024 and CEO Don Kayne's upcoming retirement, analysts predict a stock price increase of 27.2%. Trading at good value compared to peers, Canfor's earnings are expected to grow by 71.82% per year over the next few years.

• Navigate through the intricacies of Canfor with our comprehensive analyst estimates report here.
• The valuation report we've compiled suggests that Canfor's current price could be quite moderate.

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. offers commercial real estate and investment management services to corporate and institutional clients across various regions, with a market cap of CA$9.13 billion.

Operations: The company generates revenue from several key segments, including $2.59 billion from the Americas, $614.55 million from the Asia Pacific, $496.42 million from Investment Management, and $734.93 million from Europe, Middle East & Africa (EMEA).

Insider Ownership: 14.2%

Earnings Growth Forecast: 20.8% p.a.

Colliers International Group, with significant insider ownership, has seen substantial insider selling over the past three months. The company reported strong earnings for Q2 2024, with net income of US$36.72 million compared to a net loss last year. Revenue is forecast to grow at 10.2% annually, outpacing the Canadian market's 6.4%. However, shareholders experienced dilution in the past year and debt coverage by operating cash flow remains inadequate.

• Get an in-depth perspective on Colliers International Group's performance by reading our analyst estimates report here.
• Our valuation report unveils the possibility Colliers International Group's shares may be trading at a premium.

Where To Now?

• Dive into all 35 of the Fast Growing TSX Companies With High Insider Ownership we have identified here.
• Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

Curious About Other Options?

• Explore high-performing small cap companies that haven't yet garnered significant analyst attention.
• Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.
• Find companies with promising cash flow potential yet trading below their fair value.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.

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