3 TSX Growth Stocks With High Insider Ownership

The Canadian market has shown positive momentum, rising 1.1% over the last week and 15% over the past year, with earnings projected to grow by 16% annually in the coming years. In this favorable environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those closest to the business.

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%
Aya Gold & Silver (TSX:AYA)	10.2%	60.9%
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 explore several standout options from the results in the screener.

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 are as follows: Americas: $2.59 billion, Asia Pacific: $614.55 million, Investment Management: $496.42 million, and Europe, Middle East & Africa (EMEA): $734.93 million.

Insider Ownership: 14.2%

Earnings Growth Forecast: 20.8% p.a.

Colliers International Group, with substantial insider ownership, reported Q2 2024 earnings of US$1.14 billion in sales and a net income of US$36.72 million, reversing last year's losses. Despite shareholder dilution over the past year, its earnings are forecast to grow significantly at 20.8% annually, outpacing the Canadian market's 15.6%. Recent strategic moves include a partnership with SPGI Zurich AG and involvement in marketing Diamondhead Casino Corporation's property in Mississippi.

• Click to explore a detailed breakdown of our findings in Colliers International Group's earnings growth report.
• According our valuation report, there's an indication that Colliers International Group's share price might be on the expensive side.

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 consumers in Canada, with a market cap of CA$3.17 billion.

Operations: Revenue segments for goeasy Ltd. include CA$154.10 million from easyhome and CA$1.24 billion from easyfinancial.

Insider Ownership: 21.4%

Earnings Growth Forecast: 17.1% p.a.

goeasy, a growth company with high insider ownership, reported Q2 2024 revenue of CAD 377.8 million and net income of CAD 65.4 million, reflecting strong earnings growth. Despite significant debt financing activities, including a USD 200 million note offering and increased credit facility to CAD 550 million, the company's earnings are forecast to grow at 17.1% per year, outpacing the Canadian market. Recent insider activity shows more shares bought than sold in the last three months.

• Delve into the full analysis future growth report here for a deeper understanding of goeasy.
• 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. engages in the mining, development, and exploration of minerals and precious metals primarily in Africa and has a market cap of CA$25.17 billion.

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

Insider Ownership: 12.4%

Earnings Growth Forecast: 72.4% p.a.

Ivanhoe Mines, with substantial insider ownership, has shown mixed financial results recently. For Q2 2024, net income was US$76.4 million, down from US$92.04 million a year ago. Despite this dip, the company is expected to see significant earnings growth at 72.37% annually and revenue growth at 84.4% per year over the next three years, outpacing the Canadian market. Recent insider activity indicates more shares bought than sold in the past three months.

• Take a closer look at Ivanhoe Mines' potential here in our earnings growth report.
• In light of our recent valuation report, it seems possible that Ivanhoe Mines is trading beyond its estimated value.

Taking Advantage

• Delve into our full catalog of 35 Fast Growing TSX Companies With High Insider Ownership here.
• Have you diversified into these companies? Leverage the power of Simply Wall St's portfolio to keep a close eye on market movements affecting your investments.
• Invest smarter with the free Simply Wall St app providing detailed insights into every stock market around the globe.

Contemplating Other Strategies?

• 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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