ASX Growth Companies With High Insider Ownership For October 2024
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As the Australian market navigates a period of mixed performance, with the ASX200 showing slight declines and sectors like Real Estate outperforming others, investors are closely watching commodity prices driven by bullish expectations around Chinese stimulus. In this context, growth companies with high insider ownership can be particularly appealing as they may offer aligned interests between management and shareholders, potentially providing resilience amidst fluctuating market conditions.
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% | 71.5% |
| AVA Risk Group (ASX:AVA) | 15.7% | 118.8% |
| Pointerra (ASX:3DP) | 20.1% | 126.4% |
| Liontown Resources (ASX:LTR) | 14.7% | 60.7% |
| Acrux (ASX:ACR) | 17.4% | 91.6% |
| Adveritas (ASX:AV1) | 21.1% | 144.2% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Below we spotlight a couple of our favorites from our exclusive screener.
Catalyst Metals
Simply Wall St Growth Rating: ★★★★★★
Overview: Catalyst Metals Limited is engaged in the exploration and evaluation of mineral properties in Australia, with a market cap of A$636.71 million.
Operations: The company's revenue segments include A$75.08 million from Tasmania and A$243.77 million from Western Australia.
Insider Ownership: 17%
Catalyst Metals, recently added to the S&P/ASX Emerging Companies Index, shows strong growth potential with forecasted revenue and earnings growth significantly outpacing the Australian market. The company reported A$317.01 million in sales for FY2024, a substantial increase from the previous year. Despite no recent insider trading activity, Catalyst's strategic developments at Plutonic East and Trident support its organic growth profile while maintaining a focus on economic extraction prospects.
Mineral Resources
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Mineral Resources Limited operates as a mining services company with operations in Australia, Asia, and internationally, and has a market cap of A$10.40 billion.
Operations: The company's revenue segments comprise 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.