<div id="readability-page-1"><div><p>As the TSX continues to experience upward earnings revisions in 2026, supported by robust performance in energy, materials, and technology sectors, investors are closely monitoring potential headwinds such as elevated oil prices and inflationary pressures. In this environment of cautious optimism, growth companies with high insider ownership can be particularly appealing due to their alignment of interests between management and shareholders, which may provide additional confidence amidst market uncertainties.</p><h3>Top 10 Growth Companies With High Insider Ownership In Canada</h3><p>Click here to see the full list of 46 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.</p><p>Let's explore several standout options from the results in the screener.</p><h2>Cardinal Energy (TSX:CJ)</h2><p><strong>Simply Wall St Growth Rating:</strong> ★★★★☆☆</p><p><strong>Overview:</strong> 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$2.24 billion.</p><p><strong>Operations:</strong> The company's revenue is primarily derived from its Oil &amp; Gas - Exploration &amp; Production segment, which generated CA$461.93 million.</p><p><strong>Insider Ownership:</strong> 22.4%</p><p>Cardinal Energy demonstrates characteristics of a growth company with high insider ownership, despite some challenges. The company's earnings are forecast to grow significantly at 56.4% annually, outpacing the Canadian market's projected growth rate. Recent production increases and strategic leadership changes position it well for future expansion. However, profit margins have declined from last year, and dividends remain unsustainably covered by earnings or free cash flows. Insider activity shows more buying than selling recently, indicating confidence in the company's prospects.</p><ul><li>Click here and access our complete growth analysis report to understand the dynamics of Cardinal Energy.</li><li>Our comprehensive valuation report raises the possibility that Cardinal Energy is priced higher than what may be justified by its financials.</li></ul><h2>Highlander Silver (TSX:HSLV)</h2><p><strong>Simply Wall St Growth Rating:</strong> ★★★★★☆</p><p><strong>Overview:</strong> Highlander Silver Corp. is involved in the acquisition, exploration, and evaluation of mineral properties in Peru with a market capitalization of CA$1.57 billion.</p><p><strong>Operations:</strong> Highlander Silver Corp. does not currently report any revenue segments.</p><p><strong>Insider Ownership:</strong> 31.1%</p><p>Highlander Silver's earnings are forecast to grow significantly at 81.9% annually, surpassing the Canadian market's growth expectations. Recent profitability marks a positive shift, though large one-off items have impacted results. The company's revenue is also expected to rise sharply at 76.9% per year. Insider activity shows more buying than selling recently, suggesting confidence in future prospects despite past shareholder dilution and modest insider purchase volumes. Recent board changes may enhance governance and strategic direction.</p><ul><li>Unlock comprehensive insights into our analysis of Highlander Silver stock in this growth report.</li><li>Our valuation report unveils the possibility Highlander Silver's shares may be trading at a premium.</li></ul><h2>Cambria Gold Mines (TSXV:CAMB)</h2><p><strong>Simply Wall St Growth Rating:</strong> ★★★★☆☆</p><p><strong>Overview:</strong> Cambria Gold Mines Inc. focuses on the exploration, evaluation, and development of mineral properties in the United States and Canada, with a market capitalization of CA$387.60 million.</p><p><strong>Operations:</strong> Cambria Gold Mines Inc. generates revenue through its activities in exploring, evaluating, and developing mineral properties across the United States and Canada.</p><p><strong>Insider Ownership:</strong> 11.9%</p><p>Cambria Gold Mines is forecast to achieve profitability within three years, with earnings expected to grow significantly at 83.67% annually. Despite a volatile share price and past shareholder dilution, the stock trades well below its estimated fair value. Insider activity indicates more buying than selling recently, reflecting potential confidence in future prospects. Recent infill drilling results at the Premier Gold Project highlight promising gold mineralization, supporting development planning and exploration opportunities.</p><ul><li>Navigate through the intricacies of Cambria Gold Mines with our comprehensive analyst estimates report here.</li><li>Our valuation report unveils the possibility Cambria Gold Mines' shares may be trading at a discount.</li></ul><h2>Make It Happen</h2><ul><li>Navigate through the entire inventory of 46 Fast Growing TSX Companies With High Insider Ownership here.</li><li>Ready To Venture Into Other Investment Styles? Find companies with promising cash flow potential yet trading below their fair value.</li></ul> <p><em> This article by Simply Wall St is general in nature. <strong>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.</strong> 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.</em></p></div></div>

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<p>In May 2026, the TSX shows upward earnings revisions, driven by strong energy, materials, and technology sectors. Investors are focusing on growth companies with high insider ownership, which align management and shareholder interests. Notable companies include Cardinal Energy, Highlander Silver, and Cambria Gold Mines, all forecasted for significant earnings growth despite market challenges. Insider buying trends indicate confidence in their prospects, although some may be trading at a premium or discount relative to their financials.</p>

TSX Growth Companies With High Insider Ownership For May 2026