3 TSX Growth Stocks With Up To 18% Insider Ownership

The Canadian market has climbed 1.1% in the last 7 days, led by the Materials sector with a gain of 3.8%, and has risen 21% over the past year with earnings forecasted to grow by 15% annually. In this thriving environment, growth companies with high insider ownership can present compelling opportunities for investors, as insider investment often signals confidence in a company's future prospects.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings 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%
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%
Medicenna Therapeutics (TSX:MDNA)	15.4%	57.2%
Alpha Cognition (CNSX:ACOG)	17%	69.5%

Click here to see the full list of 37 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Let's dive into some prime choices out of the screener.

Aritzia (TSX:ATZ)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aritzia Inc., with a market cap of CA$5.64 billion, designs, develops, and sells apparel and accessories for women in the United States and Canada.

Operations: The company generates CA$2.37 billion in revenue from its apparel segment.

Insider Ownership: 18.9%

Aritzia's revenue is forecast to grow 12.2% annually, outpacing the Canadian market's 6.9%. Earnings are expected to rise significantly at 60.4% per year, well above the market average of 14.8%. Despite a drop in profit margins from last year, insider ownership remains high with substantial buying reported recently. Q1 sales were CAD 498.63 million, up from CAD 462.67 million last year, though net income slightly decreased to CAD 15.83 million from CAD 17.47 million.

• Delve into the full analysis future growth report here for a deeper understanding of Aritzia.
• Insights from our recent valuation report point to the potential overvaluation of Aritzia shares in the market.

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$2.27 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%

Aya Gold & Silver’s earnings are forecast to grow 71.3% annually, significantly above the Canadian market's 14.8%, with revenue expected to rise by 46.9% per year, outpacing the market's 6.9%. Recent high-grade drill results at Boumadine and Zgounder underscore strong growth potential, while insider ownership remains substantial without significant recent selling. Despite past shareholder dilution, Aya continues expanding its operations and projects in Morocco with promising exploration outcomes and strategic business expansions like the Amizmiz spinout.

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

Ivanhoe Mines (TSX:IVN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Ivanhoe Mines Ltd. engages in the mining, development, and exploration of minerals and precious metals primarily in Africa and has a market cap of CA$26.30 billion.

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

Insider Ownership: 12.3%

Ivanhoe Mines is poised for significant growth, with earnings expected to increase by 71.5% annually and revenue forecasted to rise by 83.5% per year, both surpassing the Canadian market averages. Recent developments include a memorandum of understanding with Zambia's Ministry of Mines to commence exploration activities and record production levels at the Kamoa-Kakula Copper Complex in the DRC. Despite past shareholder dilution, insider ownership remains substantial, supporting long-term growth prospects.

• Navigate through the intricacies of Ivanhoe Mines with our comprehensive analyst estimates report here.
• The valuation report we've compiled suggests that Ivanhoe Mines' current price could be inflated.

Summing It All Up

• Unlock more gems! Our Fast Growing TSX Companies With High Insider Ownership screener has unearthed 34 more companies for you to explore.Click here to unveil our expertly curated list of 37 Fast Growing TSX Companies With High Insider Ownership.
• 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.
• Enhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.

Want To Explore Some Alternatives?

• 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.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com