Stock Analysis

TSX Growth Companies With High Insider Ownership

TSX:IVN
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The Canadian TSX has experienced a 3% decline amid broader market volatility and economic uncertainty, driven by recent labor market data and central bank rate cuts. In this environment, investors often look for growth companies with high insider ownership, as it can signal confidence in the company's future prospects and align management's interests with those of shareholders.

Top 10 Growth Companies With High Insider Ownership In Canada

NameInsider OwnershipEarnings Growth
Vox Royalty (TSX:VOXR)12.5%70.7%
Allied Gold (TSX:AAUC)22.5%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%
Propel Holdings (TSX:PRL)40%37.2%
Amerigo Resources (TSX:ARG)12%36.8%
Medicenna Therapeutics (TSX:MDNA)15.4%57.2%
Alpha Cognition (CNSX:ACOG)17.9%69.5%
ROK Resources (TSXV:ROK)16.6%161.8%

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

We'll examine a selection from our screener results.

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 through its subsidiaries.

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, with substantial insider ownership and no significant recent insider selling, is forecasted to achieve robust revenue growth of 46.2% annually, outpacing the Canadian market. Recent developments include a strategic spinout of its Amizmiz Gold Project and an expansion at the Zgounder Silver Mine in Morocco. Despite some operational delays, Aya remains on track with high-grade silver drill results supporting future growth prospects.

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 the Americas, Europe, the Middle East, Africa, and the Asia Pacific with a market cap of CA$9.73 billion.

Operations: The company's revenue segments include $2.59 billion from the Americas, $614.55 million from Asia Pacific, $496.42 million from Investment Management, and $734.93 million from Europe, Middle East & Africa (EMEA).

Insider Ownership: 14.2%

Colliers International Group, with significant insider ownership and no substantial recent insider selling, is expected to see its earnings grow significantly at 20.8% annually, outpacing the Canadian market. The company reported strong Q2 2024 results with a notable turnaround in net income from a loss to US$36.72 million. Recent strategic moves include acquiring Englobe and partnering with SPGI Zurich AG to strengthen its European presence, supporting future revenue growth forecasts of 11% annually.

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$21.71 billion.

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

Insider Ownership: 12.4%

Ivanhoe Mines, with substantial insider ownership and no significant recent insider selling, is poised for robust growth. Its earnings are forecast to grow significantly at 71.6% annually, far outpacing the Canadian market. Recent developments include a memorandum of understanding with Zambia’s Ministry of Mines to commence exploration activities and record production levels at its Kamoa-Kakula Copper Complex in the DRC. Despite past shareholder dilution, these strategic moves bolster Ivanhoe's growth trajectory.

TSX:IVN Ownership Breakdown as at Sep 2024
TSX:IVN Ownership Breakdown as at Sep 2024

Key Takeaways

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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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