3 ASX Growth Stocks With Insider Ownership Up To 16%
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The Australian market remained flat over the last week, but it has risen 16% over the past 12 months with earnings expected to grow by 12% per annum in the coming years. In this context, identifying growth companies with high insider ownership can be a promising strategy, as it often indicates confidence from those who know the business best.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Clinuvel Pharmaceuticals (ASX:CUV) | 10.4% | 27.4% |
| Catalyst Metals (ASX:CYL) | 17% | 54.5% |
| Genmin (ASX:GEN) | 12% | 117.7% |
| Hillgrove Resources (ASX:HGO) | 10.4% | 70.9% |
| AVA Risk Group (ASX:AVA) | 15.7% | 118.8% |
| Pointerra (ASX:3DP) | 18.7% | 126.4% |
| Liontown Resources (ASX:LTR) | 16.4% | 55.8% |
| Acrux (ASX:ACR) | 17.4% | 91.6% |
| Adveritas (ASX:AV1) | 21.1% | 144.2% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Let's uncover some gems from our specialized screener.
Liontown Resources
Simply Wall St Growth Rating: ★★★★★★
Overview: Liontown Resources Limited, with a market cap of A$1.95 billion, focuses on the exploration, evaluation, and development of mineral properties in Australia.
Operations: Revenue Segments (in millions of A$): null
Insider Ownership: 16.4%
Liontown Resources, a growth company with high insider ownership, recently appointed Ian Wells as Lead Independent Director, enhancing corporate governance. Despite reporting a net loss of A$64.92 million for FY2024, the company forecasts significant revenue growth at 39.2% annually and expects to become profitable within three years. Their strategic partnership with LG Energy Solution includes a US$250 million investment and extended offtake agreements, bolstering long-term value creation from their Kathleen Valley lithium project.
Mineral Resources
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Mineral Resources Limited, with a market cap of A$10.15 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.
Operations: The company's revenue segments include A$16 million from Energy, A$1.41 billion from Lithium, A$2.58 billion from Iron Ore, and A$3.38 billion from Mining Services, along with A$19 million from Other Commodities.
Insider Ownership: 11.7%
Mineral Resources reported A$5.28 billion in sales for FY2024, up from A$4.78 billion last year, though net income dropped to A$125 million from A$243 million. Earnings are forecast to grow 38.29% annually over the next three years, outpacing the broader Australian market's growth rate of 12.2%. Insiders have been buying shares recently, indicating confidence in future prospects despite lower profit margins and earnings per share compared to last year.