3 TSX Growth Companies With Up To 21% Insider Ownership

In the last week, the Canadian market has stayed flat, but it has seen a 16% increase over the past year and earnings are expected to grow by 16% per annum over the next few years. In this favorable environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those who know the business best.

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%
Artemis Gold (TSXV:ARTG)	30.8%	47.4%
Almonty Industries (TSX:AII)	17.7%	117.6%
goeasy (TSX:GSY)	21.4%	17.1%
Alvopetro Energy (TSXV:ALV)	19.4%	72.4%
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 35 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Let's review some notable picks from our screened stocks.

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$9.87 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, has shown significant earnings growth, reporting US$36.72 million in net income for Q2 2024 compared to a net loss the previous year. Although its debt isn't well covered by operating cash flow, earnings are forecast to grow significantly at 20.81% per year. Recent strategic moves include acquiring Englobe and partnering with SPGI Zurich AG to expand its European presence, enhancing its diversified service offerings across various real estate sectors.

• Dive into the specifics of Colliers International Group here with our thorough growth forecast report.
• The analysis detailed in our Colliers International Group valuation report hints at an inflated share price compared to its estimated value.

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$3.17 billion.

Operations: Revenue segments: The company generates revenue primarily from its Easyfinancial segment, which contributed CA$1.24 billion, and its Easyhome segment, which added CA$154.10 million.

Insider Ownership: 21.4%

goeasy has demonstrated strong financial performance, with Q2 2024 revenue of CAD 377.8 million and net income of CAD 65.4 million, reflecting substantial year-over-year growth. The company forecasts continued revenue growth through 2026 and maintains a quarterly dividend of $1.17 per share. Despite recent insider selling, goeasy's earnings are expected to grow at an annual rate of 17%, outpacing the Canadian market average, supported by strategic debt financing initiatives and leadership stability during its CEO transition.

• Get an in-depth perspective on goeasy's performance by reading our analyst estimates report here.
• Our comprehensive valuation report raises the possibility that goeasy is priced lower than what may be justified by its financials.

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$25.17 billion.

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

Insider Ownership: 12.4%

Ivanhoe Mines, a growth company with high insider ownership, recently reported Q2 2024 net income of US$76.4 million, down from US$92.04 million a year ago. The Phase 3 concentrator at Kamoa-Kakula was completed ahead of schedule and is expected to boost annual copper production to over 600,000 tonnes. Despite significant insider selling in the past quarter, analysts forecast strong revenue growth at 84.4% annually and earnings growth at 72.37% per year over the next three years.

• Navigate through the intricacies of Ivanhoe Mines with our comprehensive analyst estimates report here.
• The valuation report we've compiled suggests that Ivanhoe Mines' current price could be inflated.

Make It Happen

• Investigate our full lineup of 35 Fast Growing TSX Companies With High Insider Ownership right here.
• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.
• Simply Wall St is your key to unlocking global market trends, a free user-friendly app for forward-thinking investors.

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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