Stock Analysis

Top TSX Growth Companies With High Insider Ownership

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The Canadian market has been riding a wave of optimism, reaching all-time highs recently, buoyed by positive economic indicators and central bank policies. In this environment, growth companies with high insider ownership can offer unique investment opportunities, as they often exhibit strong alignment between management and shareholder interests.

Top 10 Growth Companies With High Insider Ownership In Canada

NameInsider OwnershipEarnings Growth
Vox Royalty (TSX:VOXR)11.9%70.7%
Allied Gold (TSX:AAUC)21.9%74.5%
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 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$2.38 billion.

Operations: Aya Gold & Silver Inc. generates revenue primarily from the production at the Zgounder Silver Mine in Morocco, amounting to $41.54 million.

Insider Ownership: 10.2%

Revenue Growth Forecast: 46.7% p.a.

Aya Gold & Silver, a growth company with high insider ownership in Canada, is forecasted to achieve substantial revenue and earnings growth of 46.7% and 71.4% per year respectively, outpacing the Canadian market. Recent high-grade drill results from its Boumadine project in Morocco extend the main mineralized trend by 400m, enhancing its exploration potential. Despite past shareholder dilution, analysts expect a 20.7% stock price increase, supported by significant insider ownership and strategic business expansions like the Amizmiz Gold Project spinout.

TSX:AYA Ownership Breakdown as at Oct 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$10.10 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%

Revenue Growth Forecast: 11% p.a.

Colliers International Group, a Canadian growth company with significant insider ownership, is forecasted to achieve annual earnings growth of 20.8%, outpacing the broader market. Recent Q2 2024 results showed strong financial performance with sales reaching US$1.14 billion and net income of US$36.72 million, reversing a previous net loss. Despite substantial insider selling over the past three months, Colliers maintains robust revenue growth projections between 8% and 13% for 2024, bolstered by strategic acquisitions like Englobe.

TSX:CIGI Earnings and Revenue Growth as at Oct 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$27.77 billion.

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

Insider Ownership: 12.3%

Revenue Growth Forecast: 83.5% p.a.

Ivanhoe Mines, a Canadian growth company with high insider ownership, is forecasted to achieve annual earnings growth of 68.3%, significantly outpacing the broader market. Recent developments include a memorandum of understanding with Zambia's Ministry of Mines to co-develop mineral projects and record production milestones at its Kamoa-Kakula Copper Complex in DRC. Despite past shareholder dilution, Ivanhoe trades at 14.2% below fair value estimates and expects substantial revenue growth driven by new exploration licenses and increased copper output.

TSX:IVN Earnings and Revenue Growth as at Oct 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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