In the last week, the Canadian market has stayed flat, but it is up 23% over the past year with earnings forecasted to grow by 15% annually. In this environment, growth companies with high insider ownership can be particularly appealing as they often signal strong confidence from those most familiar with the business.
As the Canadian TSX navigates a volatile start to the fourth quarter, bolstered by strong fundamentals and easing inflation, investors are keeping a close eye on growth opportunities amidst geopolitical and economic uncertainties. In this environment, stocks with high insider ownership can be particularly appealing as they often signal confidence from those who know the company best, making them worth considering for those interested in potential growth stories.
Kamoa-Kakula milled a record 3.3 million tonnes, producing a record 116,313 tonnes of copper in concentrate during Q3, with the Phase 3 concentrator in ramp-upPhase 3 concentrator ramp-up approaching steady-state throughput and recovery as at quarter endKamoa-Kakula's 2024 production guidance range adjusted to 425,000 - 450,000 tonnes of copperKipushi produced 17,817 tonnes of zinc in concentrate during ramp-up in Q3 2024Kipushi's 2024 production guidance range lowered to 50,000 - 70,000 tonnes