TSX Growth Stocks With High Insider Confidence
As Canada's labour market shows signs of recovery with employment growth outpacing expectations, the broader economic outlook remains positive, providing a supportive backdrop for growth stocks on the TSX. In this environment, companies with high insider ownership can be particularly appealing as they often signal strong internal confidence and alignment with shareholder interests.
Top 10 Growth Companies With High Insider Ownership In Canada
| Name | Insider Ownership | Earnings Growth |
| Sernova Biotherapeutics (TSX:SVA) | 13.5% | 60.9% |
| ROK Resources (TSXV:ROK) | 17.7% | 87.4% |
| Propel Holdings (TSX:PRL) | 28.0% | 39.9% |
| Hammond Power Solutions (TSX:HPS.A) | 27.2% | 32% |
| Firan Technology Group (TSX:FTG) | 12.6% | 22% |
| Electrovaya (TSX:ELVA) | 35.3% | 42% |
| CEMATRIX (TSX:CEMX) | 10.7% | 28.9% |
| Cambria Gold Mines (TSXV:CAMB) | 13.7% | 87.7% |
| Aritzia (TSX:ATZ) | 16.2% | 20.3% |
| Allied Gold (TSX:AAUC) | 16.2% | 43.5% |
Below we spotlight a couple of our favorites from our exclusive screener.
Black Diamond Group (TSX:BDI)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Black Diamond Group Limited offers specialty rentals and industrial services across Canada, the United States, and Australia, with a market cap of CA$1.24 billion.
Operations: The company's revenue is derived from Workforce Solutions, generating CA$287.18 million, and Modular Space Solutions, contributing CA$221.34 million.
Insider Ownership: 21.4%
Black Diamond Group's earnings are forecast to grow significantly at 35% per year, surpassing the Canadian market average. However, recent financial results show a decline in net income and profit margins compared to last year. Despite high insider ownership, there has been no substantial insider buying recently. The company's revenue growth is expected to outpace the Canadian market but remains below 20% annually. Analysts anticipate a stock price rise of 23.7%.
- Get an in-depth perspective on Black Diamond Group's performance by reading our analyst estimates report here.
- In light of our recent valuation report, it seems possible that Black Diamond Group is trading beyond its estimated value.
ADF Group (TSX:DRX)
Simply Wall St Growth Rating: ★★★★★☆
Overview: ADF Group Inc. operates in the design and engineering of connections, including industrial coatings, in Canada and the United States, with a market capitalization of CA$430.87 million.
Operations: The company's revenue is primarily derived from the non-residential construction industry, totaling CA$302.47 million.
Insider Ownership: 28.3%
ADF Group is experiencing robust growth, with revenue expected to increase by 23% annually, outpacing the Canadian market. The company recently secured CAD 127 million in U.S. contracts and reported strong earnings for Q1 2026, with sales of CAD 99.26 million and net income of CAD 12.04 million. Despite a decrease in profit margins from last year, ADF's substantial insider ownership aligns with its strategic expansion projects backed by significant government financing commitments totaling over $20 million.
- Dive into the specifics of ADF Group here with our thorough growth forecast report.
- Our comprehensive valuation report raises the possibility that ADF Group is priced higher than what may be justified by its financials.
Tidewater Midstream and Infrastructure (TSX:TWM)
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Tidewater Midstream and Infrastructure Ltd. operates in the energy sector, focusing on the processing, transportation, and storage of natural gas and natural gas liquids, with a market cap of CA$448.87 million.
Operations: Tidewater Midstream and Infrastructure Ltd. generates revenue through its operations in processing, transporting, and storing natural gas and natural gas liquids.
Insider Ownership: 12.8%
Tidewater Midstream and Infrastructure is poised for growth, with revenue expected to grow at 7.5% annually, surpassing the Canadian market average of 4.2%. Despite a forecasted low Return on Equity of 17.1% in three years, the company is projected to achieve profitability within this period. Recent CAD 500 million shelf registration filings indicate potential capital raising initiatives. The company's insider ownership supports its strategic direction without substantial recent insider trading activity reported.
- Navigate through the intricacies of Tidewater Midstream and Infrastructure with our comprehensive analyst estimates report here.
- Our valuation report unveils the possibility Tidewater Midstream and Infrastructure's shares may be trading at a discount.
Where To Now?
- Access the full spectrum of 49 Fast Growing TSX Companies With High Insider Ownership by clicking on this link.
- Interested In Other Possibilities? Find companies with promising cash flow potential yet trading below their fair value.
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.
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