3 TSX Growth Companies With High Insider Ownership Growing Earnings Up To 72%

The Canadian market has experienced a 1.1% increase over the past week, with the Financials sector up 1.5% and the Healthcare sector down 6.7%. Over the past year, the market has risen by 13%, with earnings forecast to grow by 15% annually. In this context, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those closest to the business and potential for substantial earnings growth.

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%

Earnings Growth Forecast: 20.8% p.a.

Colliers International Group shows strong growth potential with forecasted earnings growth of 20.8% per year, outpacing the Canadian market's 15.5%. Despite recent shareholder dilution, insider buying has been substantial over the past three months. Recent Q2 results highlight a significant turnaround with net income of US$36.72 million compared to a loss last year, and revenue rising to US$1.14 billion from US$1.08 billion in the prior year, underscoring its solid financial performance and strategic expansions in Europe and North America through new partnerships and acquisitions.

• Unlock comprehensive insights into our analysis of Colliers International Group stock in this growth report.
• Our comprehensive valuation report raises the possibility that Colliers International Group is priced higher than what may be justified by its financials.

Ivanhoe Mines (TSX:IVN)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Ivanhoe Mines Ltd. is involved 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 its mining, development, and exploration activities focused on minerals and precious metals in Africa.

Insider Ownership: 12.4%

Earnings Growth Forecast: 72.4% p.a.

Ivanhoe Mines, a growth company with significant insider ownership, has seen its earnings and revenue forecasts outpacing the Canadian market. Recent Q2 2024 results showed net income of US$76.4 million, down from US$92.04 million a year ago, reflecting some volatility. However, the completion of the Phase 3 concentrator at Kamoa-Kakula ahead of schedule boosts production capacity significantly. Despite recent shareholder dilution and substantial insider selling over the past three months, long-term growth prospects remain strong due to ongoing expansions and strategic initiatives in copper production.

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

Propel Holdings (TSX:PRL)

Simply Wall St Growth Rating: ★★★★★☆

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

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

Insider Ownership: 40%

Earnings Growth Forecast: 37.2% p.a.

Propel Holdings has demonstrated substantial growth, with Q2 2024 earnings rising to US$11.12 million from US$5.71 million a year ago and revenue increasing to US$106.75 million from US$71.69 million. Earnings are forecasted to grow significantly over the next three years, outpacing the Canadian market average. Despite high insider ownership and recent dividend increases, there has been significant insider selling in the past three months, which may warrant caution for potential investors.

• Get an in-depth perspective on Propel Holdings' performance by reading our analyst estimates report here.
• The analysis detailed in our Propel Holdings valuation report hints at an inflated share price compared to its estimated value.

Where To Now?

• Investigate our full lineup of 36 Fast Growing TSX Companies With High Insider Ownership right here.
• Invested in any of these stocks? Simplify your portfolio management with Simply Wall St and stay ahead with our alerts for any critical updates on your stocks.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Searching for a Fresh Perspective?

• 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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