TSX Growth Companies With High Insider Ownership In October 2024

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The Canadian market has shown robust performance, climbing 1.0% in the last week and rising 22% over the past year, with earnings projected to grow by 15% annually. In this thriving environment, growth companies with high insider ownership can be particularly appealing as they often indicate strong confidence from those who know the business best.

Top 10 Growth Companies With High Insider Ownership In Canada

Name

Insider Ownership

Earnings Growth

Vox Royalty (TSX:VOXR)

11.8%

70.7%

Almonty Industries (TSX:AII)

17.7%

117.6%

goeasy (TSX:GSY)

21.2%

17.1%

Alvopetro Energy (TSXV:ALV)

19.4%

76.5%

VersaBank (TSX:VBNK)

13.3%

30.4%

Aritzia (TSX:ATZ)

18.9%

60.4%

Aya Gold & Silver (TSX:AYA)

10.2%

71.4%

Allied Gold (TSX:AAUC)

17.7%

73%

Medicenna Therapeutics (TSX:MDNA)

15.4%

57.2%

Alpha Cognition (CNSX:ACOG)

17%

69.5%

Click here to see the full list of 35 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.

Aya Gold & Silver

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc. is involved in the exploration, evaluation, and development of precious metals projects in Morocco and has a market cap of CA$2.27 billion.

Operations: Aya Gold & Silver generates revenue primarily from the production at the Zgounder Silver Mine in Morocco, amounting to $41.54 million.

Insider Ownership: 10.2%

Earnings Growth Forecast: 71.4% p.a.

Aya Gold & Silver is poised for significant growth with expected annual revenue and earnings increases of 46.7% and 71.4%, respectively, outpacing the Canadian market. Recent high-grade drill results from Morocco's Boumadine project highlight potential resource expansion, while strategic moves like spinning out the Amizmiz Gold Project to Mx2 Mining bolster its North African presence. However, past shareholder dilution could be a concern despite no recent insider trading activity reported.

TSX:AYA Earnings and Revenue Growth as at Oct 2024
TSX:AYA Earnings and Revenue Growth as at Oct 2024

Colliers International Group

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$10.33 billion.

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