TSX Growth Stocks With High Insider Ownership Featuring Three Top Picks

The Canadian market has shown a robust performance, rising 1.3% in the past week and 23% over the last year, with earnings projected to grow by 15% annually. In this thriving environment, growth companies with high insider ownership can be particularly attractive as they often indicate strong management confidence and alignment with shareholder interests.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Vox Royalty (TSX:VOXR)	11.8%	70.7%
Almonty Industries (TSX:AII)	17.7%	117.6%
goeasy (TSX:GSY)	21.2%	17.1%
Alvopetro Energy (TSXV:ALV)	19.4%	76.5%
VersaBank (TSX:VBNK)	13.3%	30.4%
Aritzia (TSX:ATZ)	18.9%	59.7%
Aya Gold & Silver (TSX:AYA)	10.2%	71.4%
Allied Gold (TSX:AAUC)	18.3%	73%
Medicenna Therapeutics (TSX:MDNA)	15.4%	57.2%
Alpha Cognition (CNSX:ACOG)	17%	69.5%

Click here to see the full list of 35 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

We're going to check out a few of the best picks from our screener tool.

Aya Gold & Silver (TSX:AYA)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc., with a market cap of CA$2.40 billion, is involved in the exploration, evaluation, and development of precious metals projects in Morocco.

Operations: The company's revenue primarily comes from the production at the Zgounder Silver Mine in Morocco, totaling $41.54 million.

Insider Ownership: 10.2%

Earnings Growth Forecast: 71.4% p.a.

Aya Gold & Silver is poised for significant growth, with revenue and earnings forecasted to increase substantially faster than the Canadian market. The company has demonstrated strong exploration results in Morocco, extending mineralized zones and revealing high-grade silver deposits. Recent business expansions include a strategic spinout of its Amizmiz Gold Project, enhancing its focus on core assets. While insider ownership details are limited, these developments underscore Aya's potential as a growth-oriented mining entity in Canada.

• Navigate through the intricacies of Aya Gold & Silver with our comprehensive analyst estimates report here.
• The valuation report we've compiled suggests that Aya Gold & Silver's current price could be inflated.

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. offers commercial real estate 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$10.38 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, the Middle East & Africa (EMEA).

Insider Ownership: 14.1%

Earnings Growth Forecast: 20.8% p.a.

Colliers International Group shows promising growth potential with earnings forecasted to rise significantly above the Canadian market average. Recent earnings results highlight a substantial turnaround, with net income reaching US$36.72 million in Q2 2024 compared to a loss last year. Despite some shareholder dilution, insider activity has been more on the buying side recently, indicating confidence in future prospects. However, financial leverage remains a concern as debt is not well covered by operating cash flow.

• Click here and access our complete growth analysis report to understand the dynamics of Colliers International Group.
• According our valuation report, there's an indication that Colliers International Group's share price might be on the expensive side.

Artemis Gold (TSXV:ARTG)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Artemis Gold Inc., with a market cap of CA$3.09 billion, is a gold development company that specializes in the identification, acquisition, and development of gold properties.

Operations: Artemis Gold Inc. does not currently report any revenue segments.

Insider Ownership: 29.9%

Earnings Growth Forecast: 52.2% p.a.

Artemis Gold is poised for significant growth with its revenue expected to increase at 45.9% annually, outpacing the Canadian market. The Blackwater Mine project, over 95% complete and fully funded, targets first gold pour in late Q4 2024. Despite past shareholder dilution and recent wildfire delays increasing costs, analysts anticipate a stock price rise of 27.4%. Artemis aims for profitability within three years amid ongoing cost management efforts.

• Take a closer look at Artemis Gold's potential here in our earnings growth report.
• Upon reviewing our latest valuation report, Artemis Gold's share price might be too pessimistic.

Taking Advantage

• Embark on your investment journey to our 35 Fast Growing TSX Companies With High Insider Ownership selection here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

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.

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