TSX Growth Companies With High Insider Ownership Expect 143% Earnings Growth
As Canada's economy shows resilience with a 1.4% GDP growth and a steady labor market, investors are closely watching key events like the Alberta referendum and central bank interest rate decisions that could influence market dynamics. In this environment, identifying growth companies with high insider ownership can be particularly appealing, as these firms often demonstrate strong alignment between management and shareholder interests, which can be advantageous amid economic uncertainties.
Top 10 Growth Companies With High Insider Ownership In Canada
| Name | Insider Ownership | Earnings Growth |
| ROK Resources (TSXV:ROK) | 16.9% | 128.9% |
| Propel Holdings (TSX:PRL) | 25.7% | 33.7% |
| LSL Pharma Group (TSXV:LSL) | 24.5% | 57.0% |
| Hammond Power Solutions (TSX:HPS.A) | 27.1% | 32.1% |
| Electrovaya (TSX:ELVA) | 34.9% | 41.2% |
| Cizzle Brands (NEOE:CZZL) | 13.2% | 90.4% |
| CHAR Technologies (TSXV:YES) | 21.1% | 83.5% |
| CEMATRIX (TSX:CEMX) | 10.7% | 28.6% |
| Cambria Gold Mines (TSXV:CAMB) | 12% | 85.3% |
| Abcourt Mines (TSXV:ABI) | 33.2% | 46.5% |
Below we spotlight a couple of our favorites from our exclusive screener.
Allied Gold (TSX:AAUC)
Simply Wall St Growth Rating: ★★★★★☆
Overview: Allied Gold Corporation, along with its subsidiaries, operates as a gold mining company in Africa and has a market capitalization of CA$4.06 billion.
Operations: The company's revenue is derived from its operations at the Agbaou Mine ($342.65 million), Bonikro Mine ($417.75 million), and Sadiola Mine ($733.45 million).
Insider Ownership: 15.4%
Earnings Growth Forecast: 82.5% p.a.
Allied Gold's strong growth potential is underscored by its high insider ownership, aligning management interests with shareholders. The company forecasts significant revenue growth of 29.6% annually, outpacing the market. Recent exploration at Kurmuk Mine in Ethiopia shows promising expansion potential, enhancing future operational flexibility. Despite past shareholder dilution, no substantial insider selling occurred recently, indicating confidence in Allied's trajectory as it transitions to commercial production with new strategic partnerships and board appointments.
- Get an in-depth perspective on Allied Gold's performance by reading our analyst estimates report here.
- Our valuation report here indicates Allied Gold may be undervalued.
Canfor (TSX:CFP)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Canfor Corporation is an integrated forest products company with operations in the United States, Asia, Canada, Europe, and internationally, and has a market cap of CA$1.69 billion.
Operations: The company's revenue segments consist of Lumber at CA$4.89 billion and Pulp and Paper at CA$615.20 million.
Insider Ownership: 22.7%
Earnings Growth Forecast: 143.7% p.a.
Canfor's substantial insider buying over the past three months signals strong confidence in its future, despite challenges like the permanent closure of its Fox Creek sawmill due to weak markets and supply issues. The company reported a significant reduction in net loss for Q2 2026 compared to last year. Although Canfor's revenue growth forecast is modest at 5.3% annually, it surpasses the Canadian market average and trades well below estimated fair value, suggesting potential upside.
- Click here to discover the nuances of Canfor with our detailed analytical future growth report.
- According our valuation report, there's an indication that Canfor's share price might be on the cheaper side.
VersaBank (TSX:VBNK)
Simply Wall St Growth Rating: ★★★★★☆
Overview: VersaBank offers a range of banking products and services across Canada and the United States, with a market capitalization of approximately CA$1.03 billion.
Operations: The company's revenue segments include Digital Meteor at CA$2.36 million, Digital Banking USA at CA$29.52 million, Digital Banking Canada at CA$108.39 million, and DRTC services encompassing cybersecurity and financial technology development at CA$7.60 million.
Insider Ownership: 11%
Earnings Growth Forecast: 53.3% p.a.
VersaBank's high insider ownership aligns with its robust growth prospects, as earnings are forecasted to grow significantly at 53.3% annually, outpacing the Canadian market. Despite low bad loan allowances, recent expansions in the U.S., including tokenized deposits and partnerships for digital asset services, highlight strategic innovation. However, significant insider selling in the past quarter raises caution. The bank's reorganization into a Delaware holding company aims to enhance its operational framework and market reach.
- Click here and access our complete growth analysis report to understand the dynamics of VersaBank.
- Our valuation report unveils the possibility VersaBank's shares may be trading at a premium.
Next Steps
- Discover the full array of 54 Fast Growing TSX Companies With High Insider Ownership right here.
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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.
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