Top 10 TSX Growth Stocks with High Insider Ownership

Canadian growth companies with high insider ownership can present opportunities for investors. Notable picks include Tenaz Energy, SolarBank, Robex Resources, Propel Holdings, Orla Mining, Enterprise Group, Discovery Silver, Burcon NutraScience, Aritzia, and Allied Gold, with insider ownership ranging from 10.3% to 36.3%. These companies have experienced significant earnings growth, with some forecasting growth of up to 151.2%.

In the face of global economic uncertainty, Canadian stocks have shown resilience, with a focus on sectors poised for growth. Companies with high insider ownership often stand out as they may indicate strong confidence from those closest to the business, making them compelling options for investors seeking long-term growth opportunities. This article explores notable Canadian growth companies with high insider ownership, based on recent reports from Simply Wall St.

Tenaz Energy (TSX:TNZ)
Tenaz Energy Corp. is an energy company focused on acquiring and developing oil and gas properties in Canada and the Netherlands. With a market cap of CA$565.24 million, the company generates revenue primarily through the production and sale of petroleum and natural gas. Despite a recent net loss of C$5.31 million for Q1 2025, Tenaz Energy is trading at nearly 60% below its estimated fair value and forecasts an impressive annual revenue growth of 30%, surpassing the Canadian market average. High insider ownership of 10.3% suggests confidence in its robust earnings outlook [1].

Discovery Silver (TSX:DSV)
Discovery Silver Corp. is a mineral exploration company focused on acquiring, exploring, and developing mineral properties in Canada. With a market cap of CA$2.54 billion, the company is poised for growth with high forecasted revenue increases of 38.2% annually, outpacing the Canadian market. Despite recent insider selling, substantial purchases have occurred over the past three months. The company trades significantly below its estimated fair value and aims to become profitable within three years. Recent executive appointments bolster strategic capabilities amid advanced talks to acquire Barrick's Hemlo gold mine [2].

Orla Mining (TSX:OLA)
Orla Mining Ltd. is engaged in the acquisition, exploration, development, and exploitation of mineral properties. With a market cap of CA$5.27 billion, the company is poised for robust growth, with projected annual revenue and earnings increases of 20.1% and 44.8%, respectively, outpacing the Canadian market. Recent production guidance reaffirms a target of up to 300,000 ounces of gold in 2025. Despite no substantial insider buying recently, insider activity shows more purchases than sales over three months. However, the company faces challenges with high debt levels and reported a net loss in Q1 despite increased sales to US$140.67 million [2].

These companies, among others, present opportunities for investors seeking growth in the Canadian market. While they face various challenges, their high insider ownership and forecasted growth rates make them compelling choices for long-term investors. As always, investors should conduct thorough due diligence and consider their individual financial situations before making investment decisions.

References:
[1] https://finance.yahoo.com/news/tsx-growth-companies-high-insider-123533572.html
[2] https://simplywall.st/stocks/ca/energy/tsx-noa/north-american-construction-group-shares/news/3-tsx-growth-companies-with-high-insider-ownership-and-52-ea