3 High Growth Companies With Strong Insider Ownership On The TSX

As markets tread water in anticipation of potential rate cuts following the U.S. Federal Reserve's annual symposium in Jackson Hole, investors are keenly watching for signals that could shape future monetary policies. In this cautious yet hopeful environment, identifying growth companies with high insider ownership can be a prudent strategy, as these stocks often benefit from aligned interests between management and shareholders.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Vox Royalty (TSX:VOXR)	12.6%	70.7%
Allied Gold (TSX:AAUC)	22.5%	73.6%
Almonty Industries (TSX:AII)	17.7%	117.6%
goeasy (TSX:GSY)	21.4%	17.1%
Alvopetro Energy (TSXV:ALV)	19.4%	72.4%
Propel Holdings (TSX:PRL)	40%	37.2%
Ivanhoe Mines (TSX:IVN)	12.4%	72.4%
Medicenna Therapeutics (TSX:MDNA)	15.4%	57.2%
Alpha Cognition (CNSX:ACOG)	17.9%	69.5%
ROK Resources (TSXV:ROK)	16.6%	164.2%

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.

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. offers 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$9.84 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, a growth company with high insider ownership in Canada, has shown robust earnings growth, with net income rising to US$36.72 million in Q2 2024 from a net loss of US$6.85 million the previous year. Earnings are forecast to grow at 20.81% annually, outpacing the Canadian market's 15.5%. Despite some dilution over the past year and debt not well covered by operating cash flow, insiders have been buying more shares than selling recently.

• Click here and access our complete growth analysis report to understand the dynamics of Colliers International Group.
• Upon reviewing our latest valuation report, Colliers International Group's share price might be too optimistic.

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$25.61 billion.

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

Insider Ownership: 12.4%

Ivanhoe Mines, a Canadian growth company with high insider ownership, is set for significant revenue and earnings growth, forecasted at 84.4% and 72.4% per year respectively, outpacing the broader market. Despite recent dilution and a low return on equity forecast of 18.1%, the stock trades at 16.3% below its estimated fair value. Recent developments include the early completion of Phase 3 concentrator at Kamoa-Kakula Copper Complex, boosting production potential significantly.

• Get an in-depth perspective on Ivanhoe Mines' performance by reading our analyst estimates report here.
• Our expertly prepared valuation report Ivanhoe Mines implies its share price may be too high.

Propel Holdings (TSX:PRL)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Propel Holdings Inc. operates as a financial technology company with a market cap of CA$960.32 million.

Operations: Propel Holdings Inc. generates revenue of $382.44 million from providing lending-related services to borrowers, banks, and other institutions.

Insider Ownership: 40%

Propel Holdings is experiencing strong growth, with revenue forecasted to increase by 23.5% per year and earnings by 37.2% annually, both outpacing the Canadian market. Recent results show significant improvements in sales and net income, with Q2 sales at US$106.75 million and net income at US$11.12 million. Despite high non-cash earnings, insider buying has been more substantial than selling recently, supporting confidence in its growth trajectory amidst increased dividend payouts and expanded credit facilities for CreditFresh.

• Click to explore a detailed breakdown of our findings in Propel Holdings' earnings growth report.
• In light of our recent valuation report, it seems possible that Propel Holdings is trading beyond its estimated value.

Next Steps

• Delve into our full catalog of 36 Fast Growing TSX Companies With High Insider Ownership here.
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Want To Explore Some Alternatives?

• 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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