Stock Analysis

Three Top TSX Growth Stocks With High Insider Ownership

TSX:IVN
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The Canadian market has climbed 2.8% in the last 7 days, led by the Materials sector with a gain of 8.2%. Over the past 12 months, the market is up 14%, with earnings forecast to grow by 15% annually. In this thriving environment, growth companies with high insider ownership often stand out as they indicate strong confidence from those closest to the business.

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.

Underneath we present a selection of stocks filtered out by our screen.

Aya Gold & Silver (TSX:AYA)

Simply Wall St Growth Rating: ★★★★★☆

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

Operations: Aya's revenue segment primarily consists of production from the Zgounder Silver Mine in Morocco, generating $41.54 million.

Insider Ownership: 10.2%

Earnings Growth Forecast: 71.3% p.a.

Aya Gold & Silver, a growth company with high insider ownership, is forecasted to grow earnings by 71.3% annually, significantly outpacing the Canadian market. Recent substantial insider buying underscores confidence in its prospects. The company has announced promising high-grade drill results from its Boumadine project and is progressing with the expansion of its Zgounder Silver Mine despite minor delays. Analysts expect a 28.8% rise in stock price, reflecting strong revenue growth projections of 46.2% per year.

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 various regions, with a market cap of approximately CA$10.02 billion.

Operations: The company's revenue segments include the 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%

Earnings Growth Forecast: 20.8% p.a.

Colliers International Group, with high insider ownership, has shown strong financial performance. Recent earnings for Q2 2024 reported sales of US$1.14 billion and net income of US$36.72 million, a significant turnaround from a net loss last year. The company’s revenue is forecasted to grow 11% annually, outpacing the Canadian market's growth rate. Despite past shareholder dilution and substantial insider selling over the past three months, Colliers maintains robust profit growth expectations at 20.8% per year.

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. engages in the mining, development, and exploration of minerals and precious metals primarily in Africa, with a market cap of CA$23.74 billion.

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

Insider Ownership: 12.4%

Earnings Growth Forecast: 71.6% p.a.

Ivanhoe Mines, with high insider ownership, is expected to see significant earnings growth of 71.6% annually over the next three years, outpacing the Canadian market. Despite recent shareholder dilution and low forecasted return on equity at 17.7%, its revenue is anticipated to grow rapidly at 83% per year. The company recently signed an MOU with Zambia's Ministry of Mines for exploration activities and achieved record copper production in August at its Kamoa-Kakula complex in the DRC.

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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