The Canadian market has seen a positive trend recently, climbing 1.6% in the last week and 25% over the past year, with earnings forecasted to grow by 16% annually. In this thriving environment, stocks that combine growth potential with high insider ownership can be particularly appealing as insider confidence often signals alignment with shareholder interests and long-term value creation.
Top 10 Growth Companies With High Insider Ownership In Canada
Overview: Colliers International Group Inc. offers commercial real estate professional and investment management services across the Americas, Europe, the Middle East, Africa, and the Asia Pacific with a market cap of CA$10.38 billion.
Operations: The company's revenue segments include $2.59 billion from the Americas, $614.55 million from Asia Pacific, $496.42 million from Investment Management, and $734.93 million from Europe, Middle East & Africa (EMEA).
Insider Ownership: 14.1%
Revenue Growth Forecast: 11% p.a.
Colliers International Group, a growth-focused company with substantial insider ownership, is forecast to grow its revenue at 11% annually, outpacing the Canadian market's 7.1%. Despite recent shareholder dilution and high debt relative to operating cash flow, earnings are expected to rise significantly by over 20% per year. Recent financial results show improved performance with net income of US$36.72 million for Q2 2024 compared to a loss last year.
Overview: goeasy Ltd. operates in Canada offering non-prime leasing and lending services through its easyhome, easyfinancial, and LendCare brands, with a market cap of CA$3.18 billion.
Operations: The company's revenue is primarily generated from its Easyfinancial segment, contributing CA$1.24 billion, and its Easyhome segment, which adds CA$154.10 million.
Insider Ownership: 21.2%
Revenue Growth Forecast: 31.6% p.a.
goeasy demonstrates strong growth potential with forecasted revenue increases of 31.6% annually, surpassing the Canadian market average. Despite high debt relative to operating cash flow and a dividend not well-covered by free cash flows, its earnings are expected to grow at 17.1% per year. Recent board appointment of Radhika Kakkar brings valuable expertise in business transformation, potentially enhancing strategic direction. Insiders have shown confidence through substantial share purchases over the past quarter amidst significant insider selling.
Overview: Artemis Gold Inc. is a gold development company that specializes in the identification, acquisition, and development of gold properties, with a market capitalization of approximately CA$3.14 billion.
Operations: Artemis Gold Inc. currently does not have any reported revenue segments in its financial disclosures.
Insider Ownership: 29.9%
Revenue Growth Forecast: 45.9% p.a.
Artemis Gold is progressing rapidly with its Blackwater Mine project, now over 95% complete and fully funded. Despite recent wildfire-related delays, the company remains on track for its first gold pour by late Q4 2024. Artemis's revenue growth is projected to outpace the Canadian market significantly at 45.9% annually, though current financials show a net loss of CA$12.37 million for H1 2024 due to construction costs and delays.
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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 TSX:CIGI TSX:GSY and TSXV:ARTG.
