As the Canadian market navigates a landscape influenced by global economic factors, including the Federal Reserve's cautious approach to interest rates and inflation expectations, investors are closely monitoring growth opportunities. In this environment, stocks with strong insider ownership can be appealing due to potential alignment of interests with shareholders and demonstrated confidence in long-term growth prospects.
Top 10 Growth Companies With High Insider Ownership In Canada
| Name |
Insider Ownership |
Earnings Growth |
|---|---|---|
| West Red Lake Gold Mines (TSXV:WRLG) |
10.7% |
87.8% |
| Propel Holdings (TSX:PRL) |
27.4% |
30.9% |
| Orla Mining (TSX:OLA) |
10.1% |
48.4% |
| Electrovaya (TSX:ELVA) |
30.1% |
38.8% |
| CEMATRIX (TSX:CEMX) |
10.7% |
36.6% |
| Burcon NutraScience (TSX:BU) |
25% |
103.4% |
| Aritzia (TSX:ATZ) |
15.9% |
22.7% |
| Anaergia (TSX:ANRG) |
26.2% |
123.9% |
| Almonty Industries (TSX:AII) |
10.7% |
46.3% |
| Allied Gold (TSX:AAUC) |
15.8% |
111.6% |
Let's uncover some gems from our specialized screener.
Cardinal Energy
Simply Wall St Growth Rating:★★★★☆☆
Overview:Cardinal Energy Ltd. is involved in the acquisition, exploration, development, optimization, and production of petroleum and natural gas across Alberta, British Columbia, and Saskatchewan in Canada with a market cap of CA$1.89 billion.
Operations:The company's revenue segment consists of Oil & Gas - Exploration & Production, generating CA$439.43 million.
Insider Ownership:22.5%
Earnings Growth Forecast:63.1% p.a.
Cardinal Energy demonstrates potential as a growth company with substantial insider ownership, evidenced by significant insider buying over the past three months. Despite recent declines in net income and profit margins, its earnings are forecast to grow significantly at 63.1% annually, outpacing the Canadian market. The company's revenue is also projected to rise faster than the market average. However, dividends remain poorly covered by earnings or free cash flows, indicating potential sustainability concerns.
-
Unlock comprehensive insights into our analysis of Cardinal Energy stock in this growth report.
-
Our expertly prepared valuation report Cardinal Energy implies its share price may be too high.
Knight Therapeutics
Simply Wall St Growth Rating:★★★★☆☆
Overview:Knight Therapeutics Inc. is involved in acquiring, in-licensing, out-licensing, marketing, and commercializing prescription pharmaceutical products in Canada and Latin America with a market cap of CA$668.60 million.
Operations:Knight Therapeutics generates revenue through the acquisition, in-licensing, out-licensing, marketing, and commercialization of prescription pharmaceutical products across Canada and Latin America.
Insider Ownership:23.3%
Earnings Growth Forecast:36.9% p.a.
Knight Therapeutics, with significant insider ownership, is navigating a challenging landscape. Recent earnings show increased sales but declining net income, highlighting profitability concerns. However, the company is expected to become profitable within three years and its revenue growth rate of 5.8% annually surpasses the Canadian market average. Knight's strategic expansion in Latin America through partnerships and product approvals positions it well for future growth despite current financial hurdles.
Hammond Power Solutions
Simply Wall St Growth Rating:★★★★★☆
Overview:Hammond Power Solutions Inc. designs, manufactures, and sells various transformers across Canada, the United States, Mexico, and India with a market cap of CA$2.29 billion.
Operations:Hammond Power Solutions Inc. generates revenue through the design, manufacturing, and sale of transformers in markets including Canada, the United States, Mexico, and India.
Insider Ownership:27.4%
Earnings Growth Forecast:27.4% p.a.
Hammond Power Solutions, with high insider ownership, reported CAD 898.26 million in sales for 2025, up from CAD 788.34 million the previous year, and net income of CAD 72.24 million. Despite modest earnings growth compared to revenue, its forecasted earnings growth rate of 27.4% annually outpaces the Canadian market average significantly. The company trades slightly below estimated fair value and maintains a strong return on equity forecast at 25.7%, indicating robust potential for future profitability enhancement amidst slower revenue growth expectations.
Turning Ideas Into Actions
-
Delve into our full catalog of 45 Fast Growing TSX Companies With High Insider Ownership here.
-
Want To Explore Some Alternatives? Explore 24 top quantum computing companies leading the revolution in next-gen technology and shaping the future with breakthroughs in quantum algorithms, superconducting qubits, and cutting-edge research.
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:CJ TSX:GUD and TSX:HPS.A.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
