Stock Analysis

TSX Growth Companies With High Insider Ownership And Up To 83% Revenue Growth

TSX:CIGI
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The Canadian market has shown positive momentum, rising 1.2% over the last week and climbing 16% in the past year, with earnings expected to grow by 15% annually in the coming years. In this favorable environment, growth companies with high insider ownership can be particularly appealing as they often signal strong internal confidence and potential for substantial revenue increases.

Top 10 Growth Companies With High Insider Ownership In Canada

NameInsider OwnershipEarnings Growth
Vox Royalty (TSX:VOXR)12.3%70.7%
Allied Gold (TSX:AAUC)21.9%73.5%
Almonty Industries (TSX:AII)17.7%117.6%
Alvopetro Energy (TSXV:ALV)19.4%72.4%
Propel Holdings (TSX:PRL)40%37.2%
Amerigo Resources (TSX:ARG)12%36.8%
Aritzia (TSX:ATZ)18.9%60.4%
Medicenna Therapeutics (TSX:MDNA)15.4%57.2%
Alpha Cognition (CNSX:ACOG)17%69.5%
ROK Resources (TSXV:ROK)16.6%161.8%

Click here to see the full list of 39 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Below we spotlight a couple of our favorites from our exclusive 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 various regions, with a market cap of CA$9.91 billion.

Operations: The company's revenue segments include $2.59 billion from the Americas, $614.55 million from the Asia Pacific, $496.42 million from Investment Management, and $734.93 million from Europe, Middle East & Africa (EMEA).

Insider Ownership: 14.2%

Revenue Growth Forecast: 11% p.a.

Colliers International Group has demonstrated significant earnings growth, reporting a net income of US$36.72 million in Q2 2024 compared to a net loss last year. Revenue for the same period increased to US$1.14 billion from US$1.08 billion. Despite some insider selling, substantial insider ownership aligns management interests with shareholders'. Future earnings are forecasted to grow at 20.8% annually, outpacing the Canadian market's expected growth rate of 15.1%.

TSX:CIGI Ownership Breakdown as at Sep 2024
TSX:CIGI Ownership Breakdown as at Sep 2024

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$24.33 billion.

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

Insider Ownership: 12.3%

Revenue Growth Forecast: 83% p.a.

Ivanhoe Mines, a growth company with high insider ownership, has seen substantial earnings and revenue growth projections. Its recent MOU with Zambia's Ministry of Mines signals expansion into new territories. The Kamoa-Kakula Copper Complex achieved record production in August, and further improvements are expected soon. Despite some insider selling, the company is trading below analyst price targets and forecasts significant annual profit growth of over 70%, outpacing the Canadian market's average.

TSX:IVN Ownership Breakdown as at Sep 2024
TSX:IVN Ownership Breakdown as at Sep 2024

Artemis Gold (TSXV:ARTG)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Artemis Gold Inc., with a market cap of CA$2.97 billion, focuses on the identification, acquisition, and development of gold properties.

Operations: Artemis Gold Inc. generates revenue primarily through the identification, acquisition, and development of gold properties.

Insider Ownership: 29.9%

Revenue Growth Forecast: 45.9% p.a.

Artemis Gold is forecast to grow revenue by 45.9% annually, significantly outpacing the Canadian market. Despite a recent net loss of CA$5.73 million for Q2 2024, the company remains on track to become profitable within three years. The Blackwater Mine project in British Columbia is progressing well and is fully funded, with first gold pour expected in Q4 2024. Artemis trades at a substantial discount to its estimated fair value but has experienced shareholder dilution recently.

TSXV:ARTG Earnings and Revenue Growth as at Sep 2024
TSXV:ARTG Earnings and Revenue Growth as at Sep 2024

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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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