The Canadian market is experiencing a subdued short-term growth outlook due to slower consumer spending and population growth, but improvements are anticipated in 2026 with expected interest-rate cuts and fiscal stimulus. In this environment, stocks with high insider ownership can be appealing as they often indicate management's confidence in the company's potential, making them worth considering amidst current economic uncertainties.
Top 10 Growth Companies With High Insider Ownership In Canada
| Name | Insider Ownership | Earnings Growth |
| Zedcor (TSXV:ZDC) | 19.2% | 122.6% |
| West Red Lake Gold Mines (TSXV:WRLG) | 11.1% | 78% |
| Stingray Group (TSX:RAY.A) | 22.8% | 33.9% |
| Robex Resources (TSXV:RBX) | 20.6% | 97.7% |
| Propel Holdings (TSX:PRL) | 30.6% | 32.1% |
| goeasy (TSX:GSY) | 21.7% | 27.3% |
| Enterprise Group (TSX:E) | 35.6% | 33.8% |
| CEMATRIX (TSX:CEMX) | 10.5% | 58.3% |
| California Nanotechnologies (TSXV:CNO) | 19% | 153% |
| Almonty Industries (TSX:AII) | 12.1% | 63.4% |
Here we highlight a subset of our preferred stocks from the screener.
Allied Gold (TSX:AAUC)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Allied Gold Corporation, with a market cap of CA$3.34 billion, explores and produces mineral deposits in Africa through its subsidiaries.
Operations: The company's revenue is derived from its operations at the Agbaou Mine ($246.90 million), Bonikro Mine ($264.28 million), and Sadiola Mine ($563.67 million).
Insider Ownership: 14.9%
Earnings Growth Forecast: 104.6% p.a.
Allied Gold demonstrates strong growth potential with significant insider buying over the past three months, indicating confidence in its future prospects. The company is trading at a substantial discount to its estimated fair value and is expected to achieve profitability within three years, outpacing market growth. Recent exploration updates from the Kurmuk mine in Ethiopia highlight promising drill results, supporting future revenue expansion. Analysts anticipate a 44.5% stock price increase, reflecting optimism about Allied's growth trajectory.
- Delve into the full analysis future growth report here for a deeper understanding of Allied Gold.
- Upon reviewing our latest valuation report, Allied Gold's share price might be too pessimistic.
Hammond Power Solutions (TSX:HPS.A)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Hammond Power Solutions Inc. designs, manufactures, and sells various transformers across Canada, the United States, Mexico, and India with a market cap of CA$2.01 billion.
Operations: The company's revenue segment primarily consists of the manufacture and sale of transformers, generating CA$852.64 million.
Insider Ownership: 27.4%
Earnings Growth Forecast: 15.4% p.a.
Hammond Power Solutions shows robust growth potential with insiders buying more shares than selling in recent months, indicating confidence. The company is pursuing acquisitions to bolster its growth trajectory, supported by a favorable price-to-earnings ratio of 25.4x compared to industry peers. Revenue and earnings are forecasted to grow faster than the Canadian market, with analysts agreeing on a 25% stock price increase. Recent earnings reports reflect consistent performance improvements year-over-year.
- Click here and access our complete growth analysis report to understand the dynamics of Hammond Power Solutions.
- Insights from our recent valuation report point to the potential undervaluation of Hammond Power Solutions shares in the market.
Ivanhoe Mines (TSX:IVN)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Ivanhoe Mines Ltd., along with its subsidiaries, focuses on the mining, development, and exploration of minerals and precious metals in Africa, with a market capitalization of CA$19.89 billion.
Operations: Ivanhoe Mines Ltd. operates through revenue segments focused on the mining, development, and exploration of minerals and precious metals across Africa.
Insider Ownership: 11.7%
Earnings Growth Forecast: 32.9% p.a.
Ivanhoe Mines is experiencing substantial growth prospects, with revenue and earnings forecasted to grow significantly above the Canadian market averages. Despite recent insider selling, the company's strategic initiatives, including a USD 500 million investment from Qatar Investment Authority and expansion projects like Platreef Phase 2, highlight its focus on organic growth. The recent management changes aim to strengthen operational expertise and support ongoing projects in Africa. Analysts anticipate a stock price increase of over 30%, reflecting confidence in Ivanhoe's trajectory.
- Click to explore a detailed breakdown of our findings in Ivanhoe Mines' earnings growth report.
- According our valuation report, there's an indication that Ivanhoe Mines' share price might be on the expensive side.
Summing It All Up
- Explore the 46 names from our Fast Growing TSX Companies With High Insider Ownership screener here.
- Interested In Other Possibilities? Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit.
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.
Valuation is complex, but we're here to simplify it.
Discover if Ivanhoe Mines might be undervalued or overvalued with our detailed analysis, featuring fair value estimates, potential risks, dividends, insider trades, and its financial condition.
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