3 TSX Growth Stocks With High Insider Ownership

As the Canadian market shows signs of positive momentum amid easing inflation and better-than-expected economic data, investors are increasingly looking for opportunities that align with these favorable conditions. In this context, growth companies with high insider ownership can be particularly appealing, as they often signal strong confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Vox Royalty (TSX:VOXR)	12.6%	70.7%
Allied Gold (TSX:AAUC)	22.5%	73.6%
Artemis Gold (TSXV:ARTG)	30.8%	47.4%
Almonty Industries (TSX:AII)	17.7%	117.6%
goeasy (TSX:GSY)	21.4%	17.1%
Alvopetro Energy (TSXV:ALV)	19.4%	72.4%
Aya Gold & Silver (TSX:AYA)	10.2%	60.9%
Medicenna Therapeutics (TSX:MDNA)	15.4%	57.2%
Alpha Cognition (CNSX:ACOG)	17.9%	69.5%
ROK Resources (TSXV:ROK)	16.6%	184.5%

Click here to see the full list of 36 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. explores, evaluates, and develops precious metals projects in Morocco and has a market cap of CA$2.10 billion.

Operations: Aya Gold & Silver 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: 60.9% p.a.

Aya Gold & Silver, a growth company with high insider ownership, has shown substantial earnings growth of 220.3% over the past year and is forecasted to continue growing its revenue at 44.9% annually, outpacing the Canadian market. Despite recent shareholder dilution, insiders have significantly increased their holdings in the last three months. Recent Q2 results showed sales of US$13.68 million and net income of US$6.84 million, highlighting robust financial performance and potential for continued expansion in Morocco's Boumadine region through extensive drilling programs and successful silver production initiatives at Zgounder Mine.

• Delve into the full analysis future growth report here for a deeper understanding of Aya Gold & Silver.
• Our valuation report here indicates Aya Gold & Silver may be overvalued.

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 the Americas, Europe, the Middle East, Africa, and the Asia Pacific with a market cap of CA$9.63 billion.

Operations: The company's revenue segments include $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, the Middle East & Africa (EMEA).

Insider Ownership: 14.2%

Earnings Growth Forecast: 20.8% p.a.

Colliers International Group demonstrates strong growth potential with earnings forecasted to grow at 20.81% annually, significantly outpacing the Canadian market. Recent insider activity shows more substantial buying than selling over the past three months, indicating confidence in future performance. The company reported robust Q2 earnings with sales of US$1.14 billion and net income of US$36.72 million, reversing a prior net loss. However, shareholders experienced dilution over the past year and debt coverage by operating cash flow remains a concern.

• Dive into the specifics of Colliers International Group here with our thorough growth forecast report.
• Our expertly prepared valuation report Colliers International Group implies its share price may be too high.

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 mainly in Africa, with a market cap of CA$24.64 billion.

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

Insider Ownership: 12.4%

Earnings Growth Forecast: 72.4% p.a.

Ivanhoe Mines is poised for significant growth, with earnings expected to grow 72.4% annually over the next three years and revenue forecasted to increase by 84.4% per year, outpacing the Canadian market. Despite recent insider selling and past shareholder dilution, the stock trades at a discount of 21.6% below its estimated fair value. Recent developments include the early completion of Phase 3 concentrator at Kamoa-Kakula, boosting copper production capacity significantly.

• Unlock comprehensive insights into our analysis of Ivanhoe Mines stock in this growth report.
• Upon reviewing our latest valuation report, Ivanhoe Mines' share price might be too pessimistic.

Where To Now?

• Navigate through the entire inventory of 36 Fast Growing TSX Companies With High Insider Ownership here.
• Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes.
• Discover a world of investment opportunities with Simply Wall St's free app and access unparalleled stock analysis across all markets.

Looking For Alternative Opportunities?

• 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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