TSX Growth Companies With High Insider Ownership August 2024

Over the last 7 days, the Canadian market has risen 1.1%, and in the past year, it has climbed 15%, with earnings forecasted to grow by 16% annually. In this thriving environment, growth companies with high insider ownership can offer compelling investment opportunities due to their potential for strong performance and alignment of 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%
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.

Here's a peek at a few of the choices from the screener.

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. provides 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$9.87 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, the Middle East & Africa (EMEA).

Insider Ownership: 14.2%

Colliers International Group has shown substantial earnings growth, reporting a net income of US$36.72 million for Q2 2024 compared to a net loss last year. Revenue also increased to US$1.14 billion from US$1.08 billion, reflecting strong operational performance. The company expects revenue growth between 8% and 13% for 2024, bolstered by strategic acquisitions like Englobe and partnerships such as with SPGI Zurich AG. However, shareholders have experienced dilution over the past year despite significant insider selling recently.

• Click here and access our complete growth analysis report to understand the dynamics of Colliers International Group.
• Our expertly prepared valuation report Colliers International Group implies its share price may be too high.

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 for goeasy Ltd. include CA$154.10 million from easyhome and CA$1.24 billion from easyfinancial.

Insider Ownership: 21.4%

goeasy Ltd. is forecast to achieve robust revenue growth of 31.6% per year, significantly outpacing the Canadian market's 7%. Despite recent substantial insider selling, the company has solid earnings growth, with a 45.1% increase over the past year and expected annual profit growth of 17.1%. Trading at a good value compared to peers, goeasy's stock is projected to rise by analysts and its return on equity is anticipated to reach 24.4% in three years.

• Delve into the full analysis future growth report here for a deeper understanding of goeasy.
• The analysis detailed in our goeasy valuation report hints at an deflated share price compared to its estimated value.

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$25.17 billion.

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

Insider Ownership: 12.4%

Ivanhoe Mines is poised for substantial growth, with revenue forecasted to increase at 84.4% annually, outpacing the Canadian market. Despite a decline in net income to US$10.85 million for the first half of 2024, the company's Phase 3 concentrator at Kamoa-Kakula has commenced operations ahead of schedule, significantly boosting production capacity. Analysts expect earnings to grow by 72.37% per year, although no significant insider buying was reported recently.

• Dive into the specifics of Ivanhoe Mines here with our thorough growth forecast report.
• The valuation report we've compiled suggests that Ivanhoe Mines' current price could be inflated.

Next Steps

• Access the full spectrum of 35 Fast Growing TSX Companies With High Insider Ownership by clicking on this link.
• Already own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.
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Interested In Other Possibilities?

• 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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