Yahoo Finance TSX Growth Companies With High Insider Ownership And At Least 17% Revenue Growth
The Canadian market has experienced a notable fluctuation recently, declining by 13% in the last week but showing an overall increase of 13% over the past year with earnings projected to grow by 14% annually. In this context, stocks like those of growth companies with high insider ownership and robust revenue growth can be particularly compelling, as they suggest confidence from those who know the company best.
Top 10 Growth Companies With High Insider Ownership In Canada
Name | Insider Ownership | Earnings Growth |
goeasy (TSX:GSY) | 21.7% | 15.9% |
Payfare (TSX:PAY) | 15% | 57.7% |
Aritzia (TSX:ATZ) | 19.1% | 51.6% |
Allied Gold (TSX:AAUC) | 22.4% | 68.2% |
ROK Resources (TSXV:ROK) | 16.6% | 159.6% |
Aya Gold & Silver (TSX:AYA) | 10.2% | 51.6% |
Silver X Mining (TSXV:AGX) | 14.2% | 144.2% |
Artemis Gold (TSXV:ARTG) | 31.8% | 45.6% |
Ivanhoe Mines (TSX:IVN) | 12.4% | 37.8% |
UGE International (TSXV:UGE) | 35.4% | 63.5% |
We're going to check out a few of the best picks from our screener tool.
goeasy
Simply Wall St Growth Rating: ★★★★★☆
Overview: goeasy Ltd., operating under the easyhome, easyfinancial, and LendCare brands, offers non-prime leasing and lending services in Canada with a market capitalization of CA$2.98 billion.
Operations: The company generates revenue through its easyhome and easyfinancial segments, with CA$153.99 million from leasing services and CA$1.17 billion from lending services.
Insider Ownership: 21.7%
Revenue Growth Forecast: 32.7% p.a.
goeasy Ltd., a Canadian company with high insider ownership, shows promising growth prospects. Despite its debt not being well covered by operating cash flow, goeasy's revenue is expected to grow at 32.7% per year, outpacing the Canadian market significantly. Analysts predict a potential increase in stock price by 25.6%, reflecting confidence in its valuation, which currently stands at 43.6% below estimated fair value. Recent leadership changes, including Patrick Ens's appointment as President of key brands, aim to strengthen strategic direction and operational efficiency.
Delve into the full analysis future growth report here for a deeper understanding of goeasy.
Upon reviewing our latest valuation report, goeasy's share price might be too pessimistic.
North American Construction Group
Simply Wall St Growth Rating: ★★★★★☆
Overview: North American Construction Group Ltd. offers mining and heavy civil construction services in Australia, Canada, and the United States, with a market capitalization of approximately CA$734 million.
Operations: The company generates revenue through mining and heavy civil construction services across Australia, Canada, and the United States.
Insider Ownership: 11.2%
Revenue Growth Forecast: 17.4% p.a.
North American Construction Group, a Canadian entity with notable insider ownership, faces mixed financial dynamics. Despite a downturn in net income and earnings per share in Q1 2024 compared to the previous year, the company maintains steady dividend payments. The firm's revenue growth is projected to outpace the Canadian market average significantly, yet its interest coverage remains weak. Insider activity has been balanced with no substantial buying reported recently. Strategic contracts like the $500 million extension with MacKellar Group underscore its operational expansion, supporting forecasts of robust earnings growth over the next three years.
Artemis Gold
Simply Wall St Growth Rating: ★★★★★☆
Overview: Artemis Gold Inc. is a gold development company engaged in the identification, acquisition, and development of gold properties, with a market capitalization of approximately CA$2.16 billion.
Operations: The company focuses on gold development, primarily through the identification, acquisition, and development of gold properties.
Insider Ownership: 31.8%
Revenue Growth Forecast: 51.6% p.a.
Artemis Gold, amidst a challenging financial phase with a significant net loss reported in Q1 2024, continues to progress on its Blackwater Mine project, which is crucial for its growth trajectory. The project remains on budget and schedule for the first gold pour in late 2024, demonstrating effective management and operational execution. Insider transactions have not been substantial; however, the company's expected revenue growth rate is significantly higher than the market average, indicating potential future profitability.
Taking Advantage
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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:GSY TSX:NOA and TSXV:ARTG.
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