The Canadian market has shown a robust performance, rising 1.3% in the past week and 23% over the last year, with earnings projected to grow by 15% annually. In this thriving environment, growth companies with high insider ownership can be particularly attractive as they often indicate strong management confidence and alignment with shareholder interests.
Name | Insider Ownership | Earnings Growth |
Vox Royalty (TSX:VOXR) | 11.8% | 70.7% |
Almonty Industries (TSX:AII) | 17.7% | 117.6% |
goeasy (TSX:GSY) | 21.2% | 17.1% |
Alvopetro Energy (TSXV:ALV) | 19.4% | 76.5% |
VersaBank (TSX:VBNK) | 13.3% | 30.4% |
Aritzia (TSX:ATZ) | 18.9% | 59.7% |
Aya Gold & Silver (TSX:AYA) | 10.2% | 71.4% |
Allied Gold (TSX:AAUC) | 18.3% | 73% |
Medicenna Therapeutics (TSX:MDNA) | 15.4% | 57.2% |
Alpha Cognition (CNSX:ACOG) | 17% | 69.5% |
We're going to check out a few of the best picks from our screener tool.
Simply Wall St Growth Rating: ★★★★★☆
Overview: Aya Gold & Silver Inc., with a market cap of CA$2.40 billion, is involved in the exploration, evaluation, and development of precious metals projects in Morocco.
Operations: The company's revenue primarily comes from the production at the Zgounder Silver Mine in Morocco, totaling $41.54 million.
Insider Ownership: 10.2%
Earnings Growth Forecast: 71.4% p.a.
Aya Gold & Silver is poised for significant growth, with revenue and earnings forecasted to increase substantially faster than the Canadian market. The company has demonstrated strong exploration results in Morocco, extending mineralized zones and revealing high-grade silver deposits. Recent business expansions include a strategic spinout of its Amizmiz Gold Project, enhancing its focus on core assets. While insider ownership details are limited, these developments underscore Aya's potential as a growth-oriented mining entity in Canada.
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Colliers International Group Inc. offers commercial real estate and investment management services to corporate and institutional clients 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, the Middle East & Africa (EMEA).
Insider Ownership: 14.1%
Earnings Growth Forecast: 20.8% p.a.
Colliers International Group shows promising growth potential with earnings forecasted to rise significantly above the Canadian market average. Recent earnings results highlight a substantial turnaround, with net income reaching US$36.72 million in Q2 2024 compared to a loss last year. Despite some shareholder dilution, insider activity has been more on the buying side recently, indicating confidence in future prospects. However, financial leverage remains a concern as debt is not well covered by operating cash flow.
Simply Wall St Growth Rating: ★★★★★☆
Overview: Artemis Gold Inc., with a market cap of CA$3.09 billion, is a gold development company that specializes in the identification, acquisition, and development of gold properties.
Operations: Artemis Gold Inc. does not currently report any revenue segments.
Insider Ownership: 29.9%
Earnings Growth Forecast: 52.2% p.a.
Artemis Gold is poised for significant growth with its revenue expected to increase at 45.9% annually, outpacing the Canadian market. The Blackwater Mine project, over 95% complete and fully funded, targets first gold pour in late Q4 2024. Despite past shareholder dilution and recent wildfire delays increasing costs, analysts anticipate a stock price rise of 27.4%. Artemis aims for profitability within three years amid ongoing cost management efforts.
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.
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