TSX Growth Companies With High Insider Ownership

The market is up 2.1% over the last week and has climbed 14% in the last year, with earnings forecast to grow by 15% annually. In this favorable environment, growth companies with high insider ownership can be particularly attractive as they often signal strong confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Vox Royalty (TSX:VOXR)	12.6%	58.4%
goeasy (TSX:GSY)	21.5%	16.3%
Payfare (TSX:PAY)	14.8%	38.6%
Ivanhoe Mines (TSX:IVN)	12.4%	74.1%
Allied Gold (TSX:AAUC)	22.5%	68.3%
Alpha Cognition (CNSX:ACOG)	18%	66.5%
Aya Gold & Silver (TSX:AYA)	10.3%	68.5%
Artemis Gold (TSXV:ARTG)	31.4%	44.5%
Magna Mining (TSXV:NICU)	10.6%	95.1%
Silver X Mining (TSXV:AGX)	14.1%	144.2%

Click here to see the full list of 30 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the screener.

Aya Gold & Silver (TSX:AYA)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc., with a market cap of CA$2.03 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 its Zgounder Silver Mine in Morocco, amounting to $37.48 million.

Insider Ownership: 10.3%

Revenue Growth Forecast: 54.8% p.a.

Aya Gold & Silver, a growth company with high insider ownership, has seen substantial insider buying over the past three months. The company's revenue is forecast to grow at 54.8% annually, significantly outpacing the Canadian market's 7.3%. Recent exploration results from Morocco's Boumadine and Zgounder mines indicate potential for large-scale resource expansion. Despite a net loss of US$2.54 million in Q1 2024, ongoing projects and high-grade drill results suggest robust future growth prospects.

• Click here to discover the nuances of Aya Gold & Silver with our detailed analytical future growth report.
• Our valuation report unveils the possibility Aya Gold & Silver's shares may be trading at a premium.

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$3.41 billion.

Operations: Revenue segments for goeasy Ltd. include CA$153.99 million from easyhome and CA$1.17 billion from easyfinancial.

Insider Ownership: 21.5%

Revenue Growth Forecast: 32.7% p.a.

goeasy Ltd. exemplifies a growth company with high insider ownership, evidenced by its robust revenue growth forecast of 32.7% annually, outpacing the Canadian market's 7.3%. Recent debt financing initiatives include issuing USD 200 million in senior unsecured notes and expanding its credit facility to CAD 550 million, enhancing liquidity for corporate purposes. Despite leadership changes with CEO Jason Mullins stepping down, goeasy remains well-positioned for sustained growth and operational stability through strategic financial management and executive appointments.

• Navigate through the intricacies of goeasy with our comprehensive analyst estimates report here.
• According our valuation report, there's an indication that goeasy's share price might be on the cheaper side.

Ivanhoe Mines (TSX:IVN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Ivanhoe Mines Ltd. focuses on the mining, development, and exploration of minerals and precious metals primarily in Africa, with a market cap of CA$24.28 billion.

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

Insider Ownership: 12.4%

Revenue Growth Forecast: 84.3% p.a.

Ivanhoe Mines showcases strong growth potential with high insider ownership, driven by its ambitious expansion at the Kamoa-Kakula Copper Complex. The Phase 3 concentrator, completed ahead of schedule, is set to boost annual copper production to over 600,000 tonnes. Despite a dip in recent earnings—USD 76.4 million for Q2 2024 compared to USD 92.04 million a year ago—the company’s revenue and earnings are forecasted to grow significantly above market rates.

• Get an in-depth perspective on Ivanhoe Mines' performance by reading our analyst estimates report here.
• In light of our recent valuation report, it seems possible that Ivanhoe Mines is trading behind its estimated value.

Make It Happen

• Access the full spectrum of 30 Fast Growing TSX Companies With High Insider Ownership by clicking on this link.
• Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

Ready For A Different Approach?

• 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