Top TSX Growth Stocks With High Insider Ownership September 2024

Over the last 7 days, the Canadian market has remained flat, but it has risen 21% over the past 12 months. In this promising environment where earnings are expected to grow by 15% per annum over the next few years, identifying growth companies with high insider ownership can be particularly rewarding for investors seeking strong alignment between management and shareholder interests.

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 36 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

Aya Gold & Silver (TSX:AYA)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc. (TSX:AYA) focuses on the exploration, evaluation, and development of precious metals projects in Morocco and has a market cap of CA$2.38 billion.

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

Insider Ownership: 10.2%

Aya Gold & Silver Inc. demonstrates significant growth potential, supported by high insider ownership. Recent high-grade drill results from the Boumadine and Zgounder projects in Morocco highlight substantial resource expansion possibilities. The company’s ongoing 120,000-meter drilling program and strategic spinout of the Amizmiz Gold Project to Mx2 Mining underscore its growth strategy. Despite some operational delays at Zgounder, Aya's revenue is expected to grow significantly faster than the Canadian market, with strong earnings forecasts.

• Dive into the specifics of Aya Gold & Silver here with our thorough growth forecast report.
• Insights from our recent valuation report point to the potential overvaluation of Aya Gold & Silver shares in the market.

goeasy (TSX:GSY)

Simply Wall St Growth Rating: ★★★★★☆

Overview: goeasy Ltd. offers non-prime leasing and lending services through its easyhome, easyfinancial, and LendCare brands to Canadian consumers, with a market cap of CA$3.01 billion.

Operations: Revenue segments (in millions of CA$): easyhome: 154.10, easyfinancial: 1.24 billion

Insider Ownership: 21.2%

goeasy Ltd. exhibits strong growth potential with high insider ownership and substantial insider buying over the past three months. Its revenue is forecast to grow at 31.6% annually, significantly outpacing the Canadian market's 7%. Earnings are also expected to grow faster than the market at 17.1% per year. Recent board additions like Radhika Kakkar emphasize strategic leadership, while financial maneuvers such as expanding its credit facility to $550 million enhance liquidity for future expansion initiatives.

• Unlock comprehensive insights into our analysis of goeasy stock in this growth report.
• Insights from our recent valuation report point to the potential undervaluation of goeasy shares in the market.

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$27.77 billion.

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

Insider Ownership: 12.3%

Ivanhoe Mines showcases strong growth potential with high insider ownership, driven by a forecasted annual earnings growth of 68.3% and revenue growth of 83.5%, both significantly outpacing the Canadian market. Recent developments include a memorandum of understanding with Zambia's Ministry of Mines to explore new projects and record copper production at the Kamoa-Kakula Copper Complex, indicating robust operational progress. The stock trades below its estimated fair value, enhancing its appeal for growth-focused investors.

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

Seize The Opportunity

• Navigate through the entire inventory of 36 Fast Growing TSX Companies With High Insider Ownership here.
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Ready To Venture Into Other Investment Styles?

• 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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