TSX Growth Companies With High Insider Ownership Highlighting Three Key Stocks

The Canadian market has shown robust growth, rising 2.2% over the past week and achieving an 11% increase over the last twelve months, with earnings expected to grow by 15% annually. In this buoyant environment, stocks with high insider ownership can be particularly appealing as they often indicate a strong alignment between company management and shareholder interests.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
Vox Royalty (TSX:VOXR)	12.6%	55.0%
goeasy (TSX:GSY)	21.5%	15.5%
Payfare (TSX:PAY)	14.8%	38.6%
Allied Gold (TSX:AAUC)	22.5%	68.4%
Ivanhoe Mines (TSX:IVN)	12.4%	67.3%
Alpha Cognition (CNSX:ACOG)	18%	66.5%
Aya Gold & Silver (TSX:AYA)	10.3%	51.6%
Magna Mining (TSXV:NICU)	10.6%	95.1%
Silver X Mining (TSXV:AGX)	14.1%	144.2%
Almonty Industries (TSX:AII)	17.7%	105%

Click here to see the full list of 29 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Let's uncover some gems from our specialized screener.

Colliers International Group (TSX:CIGI)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. operates globally, offering commercial real estate professional and investment management services, with a market capitalization of approximately CA$8.88 billion.

Operations: Colliers International Group generates revenue through various segments, with the Americas contributing CA$2.53 billion, Asia Pacific CA$616.58 million, Investment Management CA$489.23 million, and Europe, Middle East & Africa (EMEA) CA$730.10 million.

Insider Ownership: 14.2%

Earnings Growth Forecast: 38.3% p.a.

Colliers International Group has recently expanded its European footprint by partnering with SPGI Zurich AG, enhancing its EMEA platform. This strategic move aligns with Colliers' robust financial recovery, evidenced by a significant turnaround in Q1 2024 earnings from a net loss to USD 12.66 million in net income. While insider transactions have been balanced, the company's revenue and earnings growth forecasts outpace the Canadian market average, signaling potential for sustained growth despite some shareholder dilution over the past year.

• Dive into the specifics of Colliers International Group here with our thorough growth forecast report.
• Our comprehensive valuation report raises the possibility that Colliers International Group is priced lower than what may be justified by its financials.

goeasy (TSX:GSY)

Simply Wall St Growth Rating: ★★★★★☆

Overview: goeasy Ltd. operates in Canada, offering non-prime leasing and lending services through its easyhome, easyfinancial, and LendCare brands with a market capitalization of CA$3.19 billion.

Operations: The company generates revenue through its leasing services, easyhome, which brought in CA$153.99 million, and its lending services, easyfinancial, which contributed CA$1.17 billion.

Insider Ownership: 21.5%

Earnings Growth Forecast: 15.5% p.a.

goeasy Ltd., a Canadian company with high insider ownership, is experiencing significant growth in both revenue and earnings. Recently, the company reported a robust increase in quarterly net income to CA$58.94 million and announced substantial insider purchases over the past three months. Despite some challenges with debt coverage by operating cash flow, goeasy's forecasted earnings growth of 15.5% per year outpaces the Canadian market average. The upcoming leadership transition with CEO Jason Mullins stepping down at year-end introduces uncertainty but ensures continuity as he will remain on the board to aid succession planning.

• Click to explore a detailed breakdown of our findings in goeasy's earnings growth report.
• In light of our recent valuation report, it seems possible that goeasy is trading behind its estimated value.

Savaria (TSX:SIS)

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Savaria Corporation specializes in accessibility solutions for the elderly and physically challenged, operating in Canada, the United States, Europe, and internationally, with a market cap of approximately CA$1.35 billion.

Operations: The company's revenue segments include CA$183.82 million from Patient Care.

Insider Ownership: 19.6%

Earnings Growth Forecast: 24.9% p.a.

Savaria, a Canadian company with high insider ownership, has shown mixed financial dynamics. Recently, it declared consistent monthly dividends and projected significant revenue growth to CA$1 billion by 2025. Despite this optimism, the stock is trading well below its fair value and has experienced shareholder dilution over the past year. Additionally, while insider transactions have been balanced with no substantial purchases recently, earnings are expected to grow robustly at 24.87% annually.

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

Turning Ideas Into Actions

• Get an in-depth perspective on all 29 Fast Growing TSX Companies With High Insider Ownership by using our screener here.
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Seeking Other Investments?

• 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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