Stock Analysis

3 TSX Growth Stocks With Up To 14% Insider Ownership

TSX:CIGI
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The Canadian market has climbed 2.7% over the last week and is up 16% over the past 12 months, with earnings forecast to grow by 15% annually. In this thriving environment, growth companies with significant insider ownership can offer compelling opportunities for investors seeking alignment between management and shareholder interests.

Top 10 Growth Companies With High Insider Ownership In Canada

NameInsider OwnershipEarnings Growth
Vox Royalty (TSX:VOXR)12.3%70.7%
Allied Gold (TSX:AAUC)21.9%73.5%
Almonty Industries (TSX:AII)17.7%117.6%
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%
Medicenna Therapeutics (TSX:MDNA)15.4%57.2%
Alpha Cognition (CNSX:ACOG)17%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 explore several standout options from the results in the screener.

Aya Gold & Silver (TSX:AYA)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc., with a market cap of CA$2.13 billion, focuses on the exploration, evaluation, and development of precious metals projects in Morocco.

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%

Aya Gold & Silver, a growth company with substantial insider ownership, is forecast to achieve significant revenue and earnings growth, outpacing the Canadian market. Despite past shareholder dilution, insider buying has been strong in recent months. Recent high-grade drill results from Boumadine and Zgounder in Morocco indicate promising expansion potential. The company's strategic moves include a spinout of the Amizmiz Gold Project and an option on Tijirit Project, further enhancing its growth prospects.

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

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. offers 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$10.09 billion.

Operations: The company's revenue segments are as follows: Americas: $2.59 billion, Asia Pacific: $614.55 million, Investment Management: $496.42 million, and Europe, Middle East & Africa (EMEA): $734.93 million.

Insider Ownership: 14.2%

Colliers International Group, with substantial insider ownership, is forecast to achieve significant earnings growth of 20.8% per year, outpacing the Canadian market. Despite past shareholder dilution and debt concerns not well covered by operating cash flow, recent earnings results show a turnaround with net income of US$36.72 million for Q2 2024 compared to a net loss previously. The company’s revenue growth guidance has been revised upwards due to strategic acquisitions like Englobe and partnerships like SPGI Zurich AG.

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$24.10 billion.

Operations: The company's revenue segments include mining, development, and exploration of minerals and precious metals primarily in Africa.

Insider Ownership: 12.3%

Ivanhoe Mines, with significant insider ownership, is poised for robust growth. Recent developments include a memorandum of understanding with Zambia's Ministry of Mines to commence exploration activities and the achievement of record copper production at the Kamoa-Kakula Copper Complex. Despite past shareholder dilution, earnings are forecast to grow 71.6% annually over the next three years, outpacing market expectations. The company’s revenue is also projected to grow significantly faster than the Canadian market average.

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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