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3 TSX Growth Companies With Insider Ownership And 29% Revenue Growth

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As the Canadian market navigates a landscape shaped by shifting bond yields and potential rate cuts from the Bank of Canada, investors are evaluating opportunities beyond cash and cash-like instruments to potentially enhance returns. In this context, growth companies with high insider ownership can be particularly appealing, as they often reflect strong management confidence and alignment with shareholder interests—qualities that are especially valuable amid current economic conditions.

Top 10 Growth Companies With High Insider Ownership In Canada

Name

Insider Ownership

Earnings Growth

Propel Holdings (TSX:PRL)

23.8%

37.6%

Robex Resources (TSXV:RBX)

28.2%

130.7%

Artemis Gold (TSXV:ARTG)

30%

60.7%

Almonty Industries (TSX:AII)

17.7%

60.7%

Enterprise Group (TSX:E)

39.8%

56.3%

Colliers International Group (TSX:CIGI)

14.1%

23.5%

Aritzia (TSX:ATZ)

16.1%

59.7%

Allied Gold (TSX:AAUC)

22.8%

81.6%

Profound Medical (TSX:PRN)

10.2%

58.9%

CHAR Technologies (TSXV:YES)

10.7%

58.3%

Click here to see the full list of 39 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

Here we highlight a subset of our preferred stocks from the screener.

Allied Gold

Simply Wall St Growth Rating: ★★★★★☆

Overview: Allied Gold Corporation, along with its subsidiaries, engages in the exploration and production of mineral deposits in Africa, with a market cap of CA$862.38 million.

Operations: The company's revenue is derived from its operations at the Agbaou Mine ($150.18 million), Bonikro Mine ($212.62 million), and Sadiola Mine ($376.41 million).

Insider Ownership: 22.8%

Revenue Growth Forecast: 26% p.a.

Allied Gold Corporation is experiencing a transformative growth phase supported by high insider ownership and strategic financial maneuvers. The recent $175 million streaming transaction with Wheaton Precious Metals International underscores the potential of its Kurmuk project, enhancing growth prospects. Despite past shareholder dilution, Allied's forecasted revenue growth of 26% annually outpaces the market average. Insiders have shown confidence through substantial share purchases recently, aligning with expectations for profitability within three years and strong production guidance.

TSX:AAUC Earnings and Revenue Growth as at Dec 2024
TSX:AAUC Earnings and Revenue Growth as at Dec 2024

Propel Holdings

Simply Wall St Growth Rating: ★★★★★★

Overview: Propel Holdings Inc. is a financial technology company with a market cap of CA$1.42 billion.

Operations: The company's revenue is primarily generated from providing lending-related services to borrowers, banks, and other institutions, amounting to $416.43 million.