Unveiling TSX Growth Companies With Up To 14% Insider Ownership

The Canadian market has shown promising growth, with a 1.1% increase over the last week and an 11% rise over the past year, alongside expectations of a 14% annual earnings growth in the coming years. In this context, stocks with high insider ownership can be particularly appealing as they often indicate confidence from those who know the company best.

Top 10 Growth Companies With High Insider Ownership In Canada

Name	Insider Ownership	Earnings Growth
goeasy (TSX:GSY)	21.7%	15.9%
Payfare (TSX:PAY)	15%	57.7%
Vox Royalty (TSX:VOXR)	12.4%	77.3%
Aritzia (TSX:ATZ)	19.1%	51.6%
Allied Gold (TSX:AAUC)	22.4%	68.1%
ROK Resources (TSXV:ROK)	16.6%	135.9%
Aya Gold & Silver (TSX:AYA)	10.2%	51.6%
Ivanhoe Mines (TSX:IVN)	13.1%	38%
Almonty Industries (TSX:AII)	12.4%	82.1%
UGE International (TSXV:UGE)	35.4%	63.5%

Click here to see the full list of 33 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Underneath we present a selection of stocks filtered out by our screen.

Aya Gold & Silver

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc. focuses on the exploration, evaluation, and development of precious metals projects in Morocco, with a market capitalization of approximately CA$2.01 billion.

Operations: The company primarily generates its revenue from the exploration, evaluation, and development of precious metals in Morocco.

Insider Ownership: 10.2%

Aya Gold & Silver Inc. has experienced a challenging first quarter in 2024, with sales dropping to US$5.08 million from US$10.44 million the previous year and shifting from a net income to a net loss of US$2.54 million. Despite these setbacks, the company shows potential in its extensive exploration activities, notably at its Boumadine project in Morocco, where recent high-grade drill results have expanded the mineralized trend significantly and secured additional exploration permits, enhancing its growth prospects amidst volatile earnings performance.

• Click to explore a detailed breakdown of our findings in Aya Gold & Silver's earnings growth report.

• In light of our recent valuation report, it seems possible that Aya Gold & Silver is trading beyond its estimated value.

TSX:AYA Ownership Breakdown as at May 2024

Colliers International Group

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$7.92 billion.

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

Insider Ownership: 14.2%

Colliers International Group has shown resilience with a notable turnaround in its financial performance. In the first quarter of 2024, the company reported a significant recovery, posting sales of US$1.00 billion and net income of US$12.66 million, contrasting sharply with a net loss in the same period last year. Despite this positive shift and expectations for revenue growth between 5% to 10% this year, concerns linger due to shareholder dilution over the past year and debt levels not well covered by operating cash flow. Additionally, while insider transactions have been balanced recently without substantial buying or selling, this suggests cautious optimism among insiders about future growth prospects.

• Delve into the full analysis future growth report here for a deeper understanding of Colliers International Group.

• In light of our recent valuation report, it seems possible that Colliers International Group is trading behind its estimated value.

TSX:CIGI Earnings and Revenue Growth as at May 2024

Ivanhoe Mines

Simply Wall St Growth Rating: ★★★★★☆

Overview: Ivanhoe Mines Ltd. specializes in the mining, development, and exploration of minerals and precious metals primarily in Africa, with a market capitalization of approximately CA$26.77 billion.

Operations: The company primarily focuses on the mining, development, and exploration of minerals and precious metals across Africa.

Insider Ownership: 13.1%

Ivanhoe Mines, amidst a challenging quarter with a net loss of US$65.55 million, continues to focus on growth through strategic acquisitions and expanding its copper production in the Western Forelands. Despite recent losses reversing previous gains, the company maintains robust production guidance for 2024 with projected significant increases in copper output. High insider ownership aligns leadership interests with shareholders, reflecting confidence as insiders have been net buyers over the past three months. This strategy underscores Ivanhoe's commitment to leveraging its assets for future profitability and shareholder value amidst market challenges.

• Get an in-depth perspective on Ivanhoe Mines' performance by reading our analyst estimates report here.

• Our expertly prepared valuation report Ivanhoe Mines implies its share price may be too high.

TSX:IVN Ownership Breakdown as at May 2024

Seize The Opportunity

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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.

Companies discussed in this article include TSX:AYA TSX:CIGI and TSX:IVN.

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