The Canadian stock market has experienced a rollercoaster of volatility recently, with significant swings that ultimately resulted in modest changes by week's end. Despite the turbulence, it's essential to maintain perspective and focus on solid investment opportunities. In this context, growth companies with high insider ownership can be particularly appealing as they often signal confidence from those closest to the business.

Top 10 Growth Companies With High Insider Ownership In Canada

Click here to see the full list of 35 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Here's a peek at a few of the choices from the screener.

Aya Gold & Silver

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc., with a market cap of CA$1.79 billion, engages in the exploration, evaluation, and development of precious metals projects in Morocco.

Operations: The company's revenue segment includes $37.48 million from the production at the Zgounder Silver Mine in Morocco.

Insider Ownership: 10.3%

Earnings Growth Forecast: 68.5% p.a.

Aya Gold & Silver Inc. demonstrates significant growth potential with high insider ownership, supported by strong revenue and earnings forecasts. Recent exploration results at Boumadine reveal promising new anomalies, while the Zgounder Silver Mine's expansion progresses on schedule, with commercial production expected in Q4-2024. Despite a recent net loss and shareholder dilution, substantial insider buying reflects confidence in future performance. Analysts project robust stock price appreciation and above-market growth rates for both revenue (56.3%) and earnings (68.5%).

• Dive into the specifics of Aya Gold & Silver here with our thorough growth forecast report.

• Our expertly prepared valuation report Aya Gold & Silver implies its share price may be too high.

Canfor

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Canfor Corporation is an integrated forest products company operating in the United States, Asia, Canada, Europe, and internationally with a market cap of CA$1.78 billion.

Operations: Canfor's revenue segments include CA$4.67 billion from Lumber and CA$825 million from Pulp & Paper.

Insider Ownership: 22.4%

Earnings Growth Forecast: 71.8% p.a.

Canfor Corporation is expected to become profitable within three years, with revenue forecasted to grow at 6.7% annually, slightly above the Canadian market average. Despite a recent net loss of C$191.1 million in Q2 2024 and CEO Don Kayne's upcoming retirement, the stock trades at good value compared to peers and analysts project a 27.2% price increase. High insider ownership indicates strong internal confidence in Canfor's growth potential amidst ongoing leadership transitions.

• Click to explore a detailed breakdown of our findings in Canfor's earnings growth report.

• Our valuation report unveils the possibility Canfor's shares may be trading at a discount.

Colliers International Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. provides 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$9.13 billion.

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

Insider Ownership: 14.2%

Earnings Growth Forecast: 20.8% p.a.

Colliers International Group reported strong earnings for Q2 2024, with net income of US$36.72 million compared to a net loss a year ago, reflecting robust growth. Revenue is forecasted to grow at 10.2% annually, outpacing the Canadian market average of 6.4%. Despite significant insider selling over the past three months and past shareholder dilution, high insider ownership suggests internal confidence in its growth trajectory. The company also announced strategic partnerships and acquisitions to bolster its market position further.

• Get an in-depth perspective on Colliers International Group's performance by reading our analyst estimates report here.

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

Where To Now?

• Gain an insight into the universe of 35 Fast Growing TSX Companies With High Insider Ownership by clicking here.

• Shareholder in one or more of these companies? Ensure you're never caught off-guard by adding your portfolio in Simply Wall St for timely alerts on significant stock developments.

• Unlock the power of informed investing with Simply Wall St, your free guide to navigating stock markets worldwide.

Ready For A Different Approach?

• 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.

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

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