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Examining 3 TSX Growth Companies With High Insider Ownership And Up To 15% Revenue Growth

In recent times, the Canadian market has experienced a mix of fluctuations, declining by 2.1% over the last week but showing an overall increase of 9.1% over the past year with earnings expected to grow by 15% annually. In this context, stocks like those of growth companies with high insider ownership and strong revenue growth can be particularly appealing as they often suggest a commitment from those who know the company best.

Top 10 Growth Companies With High Insider Ownership In Canada

Name

Insider Ownership

Earnings Growth

Vox Royalty (TSX:VOXR)

12.4%

58.7%

Payfare (TSX:PAY)

15%

46.7%

goeasy (TSX:GSY)

21.7%

15.8%

Propel Holdings (TSX:PRL)

40%

36.4%

Allied Gold (TSX:AAUC)

22.5%

68.2%

Aritzia (TSX:ATZ)

19%

51.2%

ROK Resources (TSXV:ROK)

16.6%

159.6%

Aya Gold & Silver (TSX:AYA)

10.2%

51.6%

Magna Mining (TSXV:NICU)

10.5%

95.1%

Ivanhoe Mines (TSX:IVN)

13%

65.5%

Click here to see the full list of 31 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.

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Let's uncover some gems from our specialized screener.

Allied Gold

Simply Wall St Growth Rating: ★★★★★☆

Overview: Allied Gold Corporation, along with its subsidiaries, is engaged in the exploration and production of mineral deposits in Africa, with a market capitalization of approximately CA$752.17 million.

Operations: The company's revenue is derived from three primary mines: Agbaou Mine generating CA$141.39 million, Bonikro Mine at CA$192.71 million, and Sadiola Mine contributing CA$342.34 million.

Insider Ownership: 22.5%

Revenue Growth Forecast: 15.2% p.a.

Allied Gold, a growth-oriented company with high insider ownership, is trading at 88.6% below its estimated fair value and is expected to see significant revenue and earnings growth. Analysts predict a substantial increase in stock price by 166.5%, with revenue growing faster than the market at 15.2% annually. Recent insider buying trends reinforce confidence in the company's prospects, alongside reaffirmed production guidance suggesting steady future output increases, aligning with strategic long-term goals for expanded gold production.

TSX:AAUC Ownership Breakdown as at Jun 2024
TSX:AAUC Ownership Breakdown as at Jun 2024

Aritzia

Simply Wall St Growth Rating: ★★★★★☆

Overview: Aritzia Inc. is a company that designs, develops, and sells women's apparel and accessories in the United States and Canada, with a market capitalization of approximately CA$4.40 billion.

Operations: The company generates its revenue primarily from the sale of women's apparel, totaling CA$2.33 billion.

Insider Ownership: 19%

Revenue Growth Forecast: 11% p.a.

Aritzia, a Canadian retailer, is currently undervalued by 80.4%, presenting an attractive entry point. Despite a recent dip in net profit margins from 8.5% to 3.4%, the company's revenue and earnings are expected to outpace the market with forecasts of 11% and 51.2% annual growth respectively. Insider trading has been stable with no significant buys or sells recently, suggesting steady confidence from within. Recent corporate actions include a modest share buyback, underscoring ongoing investment in its own growth trajectory.

TSX:ATZ Ownership Breakdown as at Jun 2024
TSX:ATZ Ownership Breakdown as at Jun 2024

Vitalhub

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Vitalhub Corp. offers technology solutions for health and human service providers across Canada, the U.S., the U.K., Australia, Western Asia, and other international markets, with a market capitalization of approximately CA$378.12 million.

Operations: The company generates CA$55.17 million in revenue from its healthcare software segment.

Insider Ownership: 15.1%

Revenue Growth Forecast: 14.8% p.a.

Vitalhub, a Canadian tech firm, is trading at 57.8% below its estimated fair value, indicating potential undervaluation. The company has recently become profitable with forecasted earnings growth of 38.12% per year and revenue growth at 14.8% annually, outpacing the Canadian market's 7.3%. Insider activities show more buying than selling in the past three months, reflecting positive internal sentiment towards the company’s prospects. However, shareholder dilution occurred over the past year and large one-off items have impacted financial results.

TSX:VHI Earnings and Revenue Growth as at Jun 2024
TSX:VHI Earnings and Revenue Growth as at Jun 2024

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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:AAUC TSX:ATZTSX:VHI

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