Yahoo Finance TSX Growth Companies With Up To 14% Insider Ownership
In recent times, the Canadian market has shown resilience, adapting to global economic shifts and internal market dynamics. As investors seek stability and growth amidst these conditions, companies with high insider ownership on the TSX are drawing attention due to their potential alignment of interests between shareholders and management. This focus on insider ownership can be particularly compelling in the current environment, where understanding the commitment of a company's leadership to its success is crucial.
Top 10 Growth Companies With High Insider Ownership In Canada
Name | Insider Ownership | Earnings Growth |
goeasy (TSX:GSY) | 21.7% | 15.9% |
Aritzia (TSX:ATZ) | 19% | 51.6% |
Aya Gold & Silver (TSX:AYA) | 10.2% | 43.6% |
Payfare (TSX:PAY) | 15% | 63.8% |
Allied Gold (TSX:AAUC) | 22.4% | 63.2% |
ROK Resources (TSXV:ROK) | 16.6% | 135.9% |
Silver X Mining (TSXV:AGX) | 14.3% | 133.8% |
Ivanhoe Mines (TSX:IVN) | 13.1% | 38% |
Almonty Industries (TSX:AII) | 12.6% | 76.2% |
UGE International (TSXV:UGE) | 35.4% | 63.5% |
We'll examine a selection from our screener results.
Green Thumb Industries
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Green Thumb Industries Inc. operates in the United States, focusing on the manufacturing, distribution, marketing, and sale of cannabis products for both medical and adult-use markets, with a market capitalization of approximately CA$4.18 billion.
Operations: The company generates revenue through the manufacture, distribution, marketing, and sale of cannabis products across medical and adult-use markets in the U.S.
Insider Ownership: 10.9%
Green Thumb Industries has demonstrated robust financial growth, with its first-quarter sales rising to US$275.81 million from US$248.54 million year-over-year and net income increasing significantly to US$31.08 million. Despite this positive trend and a trading position 34.4% below estimated fair value, concerns arise due to its lower-than-benchmark forecast Return on Equity of 7.5%. Additionally, insider transactions have not shown substantial buying activity recently, suggesting mixed confidence from those closest to the company's operations.
Colliers International Group
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Colliers International Group Inc. operates as a global provider of commercial real estate professional and investment management services, with a market capitalization of approximately CA$7.76 billion.
Operations: Colliers International Group Inc. generates revenue through its operations in the Americas (CA$2.53 billion), Asia Pacific (CA$616.58 million), Investment Management (CA$489.23 million), and Europe, Middle East & Africa (CA$730.10 million).
Insider Ownership: 14.2%
Colliers International Group has shown promising growth, with earnings increasing significantly over the past year and forecasts suggesting continued expansion above market expectations. Despite trading well below its estimated fair value, concerns linger due to shareholder dilution and substantial insider selling recently. The company's debt is also not adequately covered by operating cash flow, posing potential financial stability issues. Meanwhile, recent successful equity offerings suggest readiness for strategic acquisitions and further growth initiatives.
Ivanhoe Mines
Simply Wall St Growth Rating: ★★★★★☆
Overview: Ivanhoe Mines Ltd. is a mining company focused on the exploration, development, and extraction of minerals and precious metals primarily in Africa, with a market capitalization of approximately CA$25.43 billion.
Operations: The company primarily generates revenue from the exploration, development, and extraction of minerals and precious metals in Africa.
Insider Ownership: 13.1%
Ivanhoe Mines, actively pursuing mergers and acquisitions, is poised for growth with its focus on expanding copper production in the Western Forelands. Despite a recent quarterly net loss of US$65.55 million, the company maintains robust production guidance for 2024, targeting between 440,000 to 490,000 tonnes of copper. Insider activities show more buying than selling over the past three months, aligning with substantial forecasted revenue growth of 48.1% per year and earnings growth projected at 38% annually.
Taking Advantage
Get an in-depth perspective on all 33 Fast Growing TSX Companies With High Insider Ownership by using our screener here.
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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 CNSX:GTIITSX:CIGITSX:IVN and .
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