Stock Analysis

3 TSX Growth Companies With Up To 14% Insider Ownership

TSX:IVN
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The Canadian market rose 3.3% over the last week and climbed 13% in the past year, with earnings forecast to grow by 15% annually. In this favorable environment, stocks with high insider ownership can be particularly appealing as they often indicate strong confidence from those closest to the company's operations and future prospects.

Top 10 Growth Companies With High Insider Ownership In Canada

NameInsider OwnershipEarnings Growth
Vox Royalty (TSX:VOXR)12.5%70.7%
Allied Gold (TSX:AAUC)21.9%73.5%
Almonty Industries (TSX:AII)17.7%117.6%
goeasy (TSX:GSY)21.2%17.1%
Alvopetro Energy (TSXV:ALV)19.4%72.4%
Propel Holdings (TSX:PRL)40%37.2%
Amerigo Resources (TSX:ARG)12%36.8%
Aritzia (TSX:ATZ)18.9%60.4%
Alpha Cognition (CNSX:ACOG)17.9%69.5%
ROK Resources (TSXV:ROK)16.6%161.8%

Click here to see the full list of 39 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Let's review some notable picks from our screened stocks.

Aya Gold & Silver (TSX:AYA)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc., with a market cap of CA$2.12 billion, focuses on the exploration, evaluation, and development of precious metals projects in Morocco.

Operations: Aya Gold & Silver's revenue from the Zgounder Silver Mine in Morocco amounts to $41.54 million.

Insider Ownership: 10.2%

Aya Gold & Silver, a growth company with high insider ownership, has seen substantial insider buying over the past three months. Analysts forecast its revenue to grow by 46.2% annually, significantly outpacing the Canadian market's 6.9%. Recent high-grade drill results from Boumadine and Zgounder mines in Morocco reinforce its growth potential. However, shareholders have experienced dilution in the past year. The company is also expanding operations and entering new ventures like the spinout of its Amizmiz Gold Project.

TSX:AYA Ownership Breakdown as at Sep 2024
TSX:AYA Ownership Breakdown as at Sep 2024

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$10.02 billion.

Operations: Colliers International Group Inc. generates revenue from various regions and services, including $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%

Colliers International Group, experiencing substantial insider buying recently, is forecast to grow its revenue by 11% annually, outpacing the Canadian market's 6.9%. The company reported strong Q2 results with sales of US$1.14 billion and net income of US$36.72 million, reversing a loss from the previous year. Despite past shareholder dilution, earnings are expected to grow significantly at 20.8% per year. A recent partnership with SPGI Zurich AG aims to expand Colliers' European presence further bolstering growth prospects.

TSX:CIGI Earnings and Revenue Growth as at Sep 2024
TSX:CIGI Earnings and Revenue Growth as at Sep 2024

Ivanhoe Mines (TSX:IVN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Ivanhoe Mines Ltd. is involved in the mining, development, and exploration of minerals and precious metals primarily in Africa, with a market cap of CA$23.74 billion.

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

Insider Ownership: 12.4%

Ivanhoe Mines, with high insider ownership, is poised for significant growth. The company's earnings are forecast to grow by 71.6% annually, outpacing the Canadian market's average. Recent developments include a memorandum of understanding with Zambia's Ministry of Mines to co-develop mineral projects and record production levels at the Kamoa-Kakula Copper Complex in the DRC. Despite past shareholder dilution and low current revenue, analysts project a 34.5% stock price increase, reflecting strong future potential.

TSX:IVN Earnings and Revenue Growth as at Sep 2024
TSX:IVN Earnings and Revenue Growth as at Sep 2024

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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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