Top TSX Growth Companies With High Insider Ownership In November 2024

In This Article:

As the Canadian market maintains strong momentum into 2025, investors are optimistic about solid fundamentals supporting continued growth, though they remain cautious of potential curveballs like elevated valuations and economic uncertainties. In this environment, identifying growth companies with high insider ownership can be particularly appealing as insiders' substantial stakes often indicate confidence in the company's prospects and alignment with shareholder interests.

Top 10 Growth Companies With High Insider Ownership In Canada

Name

Insider Ownership

Earnings Growth

Allied Gold (TSX:AAUC)

17.7%

85.2%

Almonty Industries (TSX:AII)

17.7%

128.3%

Vox Royalty (TSX:VOXR)

11.8%

125.5%

Enterprise Group (TSX:E)

39.8%

49.7%

VersaBank (TSX:VBNK)

13.2%

30.4%

Aya Gold & Silver (TSX:AYA)

10.2%

95%

Aritzia (TSX:ATZ)

18.9%

59.7%

Ivanhoe Mines (TSX:IVN)

12.3%

43.2%

Artemis Gold (TSXV:ARTG)

30%

60.5%

CHAR Technologies (TSXV:YES)

10.7%

58.3%

Click here to see the full list of 36 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

We'll examine a selection from our screener results.

goeasy

Simply Wall St Growth Rating: ★★★★☆☆

Overview: goeasy Ltd. operates in Canada offering non-prime leasing and lending services through its brands easyhome, easyfinancial, and LendCare, with a market cap of CA$2.87 billion.

Operations: The company generates revenue through its segments, with Easyhome contributing CA$153.68 million and Easyfinancial accounting for CA$1.30 billion.

Insider Ownership: 21.3%

goeasy, a Canadian growth company with high insider ownership, shows robust revenue growth projections of 24.1% annually, outpacing the market. Recent earnings reports indicate strong financial performance with net income rising to C$209.29 million for the first nine months of 2024. Despite substantial debt financing activities, including a USD 400 million note offering, insiders have been net buyers recently. However, dividend sustainability remains a concern due to limited free cash flow coverage.

TSX:GSY Earnings and Revenue Growth as at Nov 2024
TSX:GSY Earnings and Revenue Growth as at Nov 2024

Ivanhoe Mines

Simply Wall St Growth Rating: ★★★★★☆

Overview: Ivanhoe Mines Ltd. is involved in the mining, development, and exploration of minerals and precious metals primarily in Africa, with a market cap of CA$25.49 billion.

Operations: Ivanhoe Mines Ltd. generates revenue through its activities in mining, development, and exploration of minerals and precious metals, focusing primarily on projects located in Africa.