Chrysos And 2 Other ASX Growth Stocks With Strong Insider Ownership

In This Article:

Despite a flat performance over the last week, the Australian market has shown a healthy increase of 6.7% over the past year, with earnings expected to grow by 14% annually. In this context, stocks like Chrysos that combine strong insider ownership with growth potential are particularly compelling for investors looking for aligned interests and informed leadership.

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

Hartshead Resources (ASX:HHR)

13.9%

86.3%

Cettire (ASX:CTT)

28.7%

30.1%

Acrux (ASX:ACR)

14.6%

115.3%

Plenti Group (ASX:PLT)

12.8%

106.4%

Hillgrove Resources (ASX:HGO)

10.4%

45.4%

Change Financial (ASX:CCA)

26.6%

76.4%

Botanix Pharmaceuticals (ASX:BOT)

11.4%

120.9%

Liontown Resources (ASX:LTR)

16.4%

63.9%

DUG Technology (ASX:DUG)

28.1%

43.2%

CardieX (ASX:CDX)

12.2%

115.3%

Click here to see the full list of 90 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Underneath we present a selection of stocks filtered out by our screen.

Chrysos

Simply Wall St Growth Rating: ★★★★★☆

Overview: Chrysos Corporation Limited focuses on developing and supplying technology for the mining industry with a market capitalization of approximately A$640.40 million.

Operations: The company generates revenue primarily from its mining services segment, totaling A$34.24 million.

Insider Ownership: 21.4%

Chrysos Corporation, despite recent insider selling and shareholder dilution, is anticipated to see robust growth. The company's revenue is expected to increase significantly at 35.3% per year, outpacing the Australian market average of 5.5%. While its Return on Equity might remain low at 7.8%, Chrysos is forecasted to become profitable within three years with earnings growth projected at a very large rate of 63.48% annually. Analysts also suggest a potential stock price increase of 34.2%.

ASX:C79 Ownership Breakdown as at Jun 2024
ASX:C79 Ownership Breakdown as at Jun 2024

Capricorn Metals

Simply Wall St Growth Rating: ★★★★★☆

Overview: Capricorn Metals Ltd is an Australian company focused on the evaluation, exploration, development, and production of gold properties, with a market capitalization of approximately A$1.83 billion.

Operations: The company's revenue is primarily derived from its Karlawinda segment, totaling A$356.94 million.

Insider Ownership: 12.3%

Capricorn Metals, with its high insider ownership, is poised for significant growth. While there has been notable insider selling recently, the company's earnings are expected to grow at 26.5% annually, outpacing the Australian market average of 13.8%. However, revenue growth projections are moderate at 14.1% per year and profit margins have declined from last year's 25.4% to 5.2%. The forecasted Return on Equity is high at 30.6%, indicating strong future profitability despite current challenges in earnings quality due to one-off items.