TSX Growth Companies With High Insider Ownership October 2024

In This Article:

The Canadian market has shown robust performance recently, rising 1.4% in the past week and achieving a 22% increase over the last year, with all sectors contributing to these gains. In this thriving environment, identifying growth companies with high insider ownership can be particularly appealing as it may indicate confidence from those closest to the business in its potential for continued success.

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%

59.7%

Allied Gold (TSX:AAUC)

18.3%

73%

Ivanhoe Mines (TSX:IVN)

12.3%

69.5%

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.

Let's explore several standout options from the results in the screener.

Aya Gold & Silver

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aya Gold & Silver Inc., along with its subsidiaries, focuses on the exploration, evaluation, and development of precious metals projects in Morocco and has a market cap of CA$2.45 billion.

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

Insider Ownership: 10.2%

Aya Gold & Silver demonstrates significant growth potential with its high insider ownership, bolstered by expected annual revenue and earnings growth surpassing 20%. Recent exploration at Boumadine in Morocco revealed promising high-grade drill results, extending mineralized zones. The company is expanding its Zgounder Silver Mine, though facing minor delays. Aya's strategic spinout of the Amizmiz Gold Project into Mx2 Mining highlights a focused approach to North African assets, potentially enhancing shareholder value through targeted resource development.

TSX:AYA Ownership Breakdown as at Oct 2024
TSX:AYA Ownership Breakdown as at Oct 2024

Colliers International Group

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Colliers International Group Inc. offers commercial real estate and investment management services to corporate and institutional clients across various global regions, with a market cap of CA$10.44 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, Middle East & Africa (EMEA).