TSX Growth Companies With High Insider Ownership In September 2024

The Canadian market has shown robust performance, rising 1.4% over the last week and 19% over the past year, with earnings projected to grow by 15% annually in the coming years. In this thriving environment, growth companies with high insider ownership can be particularly appealing as they often signal 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)	12.3%	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%
Amerigo Resources (TSX:ARG)	12%	36.8%
Propel Holdings (TSX:PRL)	40%	37.2%
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.

We're going to check out a few of the best picks from our screener tool.

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 the Americas, Europe, the Middle East, Africa, and the Asia Pacific with a market cap of CA$9.95 billion.

Operations: The company generates revenue from various regions and services, including $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%

Earnings Growth Forecast: 20.8% p.a.

Colliers International Group, a growth company with high insider ownership in Canada, has demonstrated significant earnings growth of 1785.1% over the past year and is forecasted to continue growing at 20.81% per year, outpacing the Canadian market's expected profit growth of 15%. Despite some recent dilution and significant insider selling over the past three months, Colliers' revenue is projected to grow by 11% annually. Recent Q2 results showed sales of US$1.14 billion and net income of US$36.72 million compared to a net loss last year.

• Click here to discover the nuances of Colliers International Group with our detailed analytical future growth report.
• Our valuation report here indicates Colliers International Group may be overvalued.

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$24.22 billion.

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

Insider Ownership: 12.3%

Earnings Growth Forecast: 71.5% p.a.

Ivanhoe Mines, a Canadian growth company with high insider ownership, recently signed an MOU with Zambia's Ministry of Mines to explore and develop mineral resources. The Kamoa-Kakula Copper Complex in the DRC achieved record production levels in August. Despite recent earnings declines, Ivanhoe's revenue is forecasted to grow 83.5% annually, significantly outpacing the Canadian market. However, there has been significant insider selling over the past three months and no substantial insider buying during this period.

• Take a closer look at Ivanhoe Mines' potential here in our earnings growth report.
• Insights from our recent valuation report point to the potential overvaluation of Ivanhoe Mines shares in the market.

Artemis Gold (TSXV:ARTG)

Simply Wall St Growth Rating: ★★★★★☆

Overview: Artemis Gold Inc. is a gold development company that focuses on identifying, acquiring, and developing gold properties, with a market cap of CA$3.04 billion.

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

Insider Ownership: 29.9%

Earnings Growth Forecast: 52.2% p.a.

Artemis Gold has high insider ownership and is focused on the Blackwater Mine project in British Columbia. Despite reporting a net loss of CA$5.73 million for Q2 2024, construction progress remains on track with first gold pour expected in Q4 2024. The project is fully funded, and major construction milestones have been achieved. Revenue and earnings are forecasted to grow significantly faster than the Canadian market, positioning Artemis for potential profitability within three years.

• Dive into the specifics of Artemis Gold here with our thorough growth forecast report.
• In light of our recent valuation report, it seems possible that Artemis Gold is trading beyond its estimated value.

Summing It All Up

• Discover the full array of 39 Fast Growing TSX Companies With High Insider Ownership right here.
• Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up.
• Join a community of smart investors by using Simply Wall St. It's free and delivers expert-level analysis on worldwide markets.

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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