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

The Canadian market has been riding a wave of optimism, with the TSX reaching all-time highs, buoyed by recent rate cuts from the U.S. Federal Reserve and ongoing enthusiasm around AI technologies. In this favorable environment, growth companies with high insider ownership are particularly intriguing as they often signal strong confidence in future performance and alignment of interests between management and shareholders.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Vox Royalty (TSX:VOXR)	11.9%	70.7%
Almonty Industries (TSX:AII)	17.7%	117.6%
goeasy (TSX:GSY)	21.2%	17.1%
Alvopetro Energy (TSXV:ALV)	19.4%	72.4%
Amerigo Resources (TSX:ARG)	12%	36.8%
Propel Holdings (TSX:PRL)	40%	37.2%
Aritzia (TSX:ATZ)	18.9%	60.4%
Allied Gold (TSX:AAUC)	21.9%	74.5%
Medicenna Therapeutics (TSX:MDNA)	15.4%	57.2%
Alpha Cognition (CNSX:ACOG)	17%	69.5%

Click here to see the full list of 36 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

Aya Gold & Silver (TSX:AYA)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc., with a market cap of CA$2.30 billion, engages in the exploration, evaluation, and development of precious metals projects in Morocco.

Operations: The company generates revenue primarily from the production at the Zgounder Silver Mine in Morocco, amounting to $41.54 million.

Insider Ownership: 10.2%

Earnings Growth Forecast: 71.4% p.a.

Aya Gold & Silver, a growth company with high insider ownership, is forecasted to achieve significant revenue and earnings growth over the next three years. Recent high-grade drill results from its Boumadine and Zgounder projects in Morocco indicate substantial mineralization potential. Despite some operational delays at Zgounder, the expansion remains on budget. The spinout of Aya's Amizmiz Gold Project into Mx2 Mining further exemplifies its strategic focus on growth in North Africa.

• Click to explore a detailed breakdown of our findings in Aya Gold & Silver's earnings growth report.
• The analysis detailed in our Aya Gold & Silver valuation report hints at an inflated share price compared to its estimated value.

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. provides commercial real estate professional and investment management services to corporate and institutional clients across the Americas, Europe, the Middle East, Africa, and the Asia Pacific, with a market cap of CA$10.33 billion.

Operations: Revenue segments include $2.59 billion from the Americas, $614.55 million from Asia Pacific, $496.42 million from Investment Management, and $734.93 million from Europe, the Middle East & Africa (EMEA).

Insider Ownership: 14.2%

Earnings Growth Forecast: 20.8% p.a.

Colliers International Group has demonstrated strong growth, reporting a significant turnaround with net income of US$36.72 million for Q2 2024, compared to a net loss the previous year. Revenue grew to US$1.14 billion from US$1.08 billion year-over-year. The company expects revenue growth between 8% and 13% for 2024, bolstered by its acquisition of Englobe and strategic partnership with SPGI Zurich AG. Despite recent insider selling, the company maintains high insider ownership and robust earnings forecasts at over 20% annually.

• Get an in-depth perspective on Colliers International Group's performance by reading our analyst estimates report here.
• The valuation report we've compiled suggests that Colliers International Group's current price could be inflated.

Ivanhoe Mines (TSX:IVN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Ivanhoe Mines Ltd. focuses on the mining, development, and exploration of minerals and precious metals primarily in Africa, with a market cap of CA$27.18 billion.

Operations: Ivanhoe Mines Ltd. generates revenue through the mining, development, and exploration of minerals and precious metals primarily in Africa.

Insider Ownership: 12.3%

Earnings Growth Forecast: 67.9% p.a.

Ivanhoe Mines, a growth company with high insider ownership, is forecasted to achieve significant earnings and revenue growth, with earnings expected to grow 67.94% per year and revenue by 84% annually. The recent memorandum of understanding with Zambia's Ministry of Mines for exploration activities underscores its expansion strategy. Despite past shareholder dilution, the company's ramp-up in production at the Kamoa-Kakula Copper Complex highlights operational progress, achieving record copper outputs and nearing nameplate processing rates.

• Click here to discover the nuances of Ivanhoe Mines with our detailed analytical future growth report.
• Our valuation report unveils the possibility Ivanhoe Mines' shares may be trading at a premium.

Key Takeaways

• Get an in-depth perspective on all 36 Fast Growing TSX Companies With High Insider Ownership by using our screener here.
• Already own these companies? Bring clarity to your investment decisions by linking up your portfolio with Simply Wall St, where you can monitor all the vital signs of your stocks effortlessly.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Searching for a Fresh Perspective?

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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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