As the Canadian market navigates through economic uncertainties, including potential tariff impacts and inflationary pressures, investors are keenly observing how these factors might influence growth trajectories. In such an environment, identifying growth companies with high insider ownership can be particularly compelling, as this often signals confidence from those closest to the business in its long-term prospects.
Top 10 Growth Companies With High Insider Ownership In Canada
Overview: Almonty Industries Inc. is involved in the mining, processing, and shipping of tungsten concentrate with a market cap of CA$561.35 million.
Operations: The company's revenue segments include CA$0.03 million from Woulfe and CA$28.81 million from Panasquiera.
Insider Ownership: 16.1%
Revenue Growth Forecast: 42.2% p.a.
Almonty Industries demonstrates characteristics of a growth company with high insider ownership, despite recent volatility and substantial insider selling. The company is forecasted to achieve significant revenue growth at 42.2% annually, outpacing the Canadian market. Almonty's strategic moves include a partnership with American Defense International and an exclusive offtake agreement for its Sangdong Molybdenum Project, enhancing its positioning in critical metals. However, it faces challenges with negative cash flow and net losses reported at CAD 16.3 million for 2024.
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$1.16 billion.
Operations: The company's revenue is primarily generated from production, amounting to $39.12 million.
Insider Ownership: 10.2%
Revenue Growth Forecast: 47% p.a.
Aya Gold & Silver is trading well below its estimated fair value, with insider activity showing more buying than selling recently. The company is expected to achieve profitability within three years, with revenue growth projected at 47% annually, significantly outpacing the Canadian market. Recent developments include an updated mineral resource estimate for the Boumadine Project and increased production guidance for 2025. However, challenges persist as evidenced by a net loss of US$21.62 million in 2024 and substantial insider selling over the past quarter.
Overview: Propel Holdings Inc., along with its subsidiaries, operates as a financial technology company with a market cap of CA$877.70 million.
Operations: The company's revenue primarily comes from providing lending-related services to borrowers, banks, and other institutions, generating $449.73 million.
Insider Ownership: 36.5%
Revenue Growth Forecast: 23% p.a.
Propel Holdings is trading at a significant discount to its estimated fair value, with substantial insider buying observed recently. The company forecasts robust revenue growth of 23% annually, surpassing the Canadian market average. Earnings are projected to grow significantly at 35.8% per year, supported by recent financial results showing increased sales and net income for Q4 2024. However, its dividend of C$0.66 per share remains inadequately covered by free cash flows despite a recent increase.
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:AII TSX:AYA and TSX:PRL.
