<div id="readability-page-1" class="page"><div><p>As the Canadian market navigates rising yields and their potential impact on equity performance, investors are closely monitoring how these economic shifts might influence valuations and investment strategies. In this environment, growth companies with high insider ownership can offer a compelling opportunity, as insider stakes often signal confidence in the company's long-term prospects amidst evolving market conditions.</p><h3>Top 10 Growth Companies With High Insider Ownership In Canada</h3><div><table><tbody><tr><td><strong>Name</strong></td><td><strong>Insider Ownership</strong></td><td><strong>Earnings Growth</strong></td></tr><tr><td>West Red Lake Gold Mines (TSXV:WRLG)</td><td>10.8%</td><td>94.3%</td></tr><tr><td>Sernova Biotherapeutics (TSX:SVA)</td><td>13.5%</td><td>58.9%</td></tr><tr><td>ROK Resources (TSXV:ROK)</td><td>17.8%</td><td>144%</td></tr><tr><td>Propel Holdings (TSX:PRL)</td><td>29.7%</td><td>37.4%</td></tr><tr><td>Hammond Power Solutions (TSX:HPS.A)</td><td>27.4%</td><td>27.1%</td></tr><tr><td>Electrovaya (TSX:ELVA)</td><td>35.2%</td><td>41.4%</td></tr><tr><td>CEMATRIX (TSX:CEMX)</td><td>10.7%</td><td>44.9%</td></tr><tr><td>Aritzia (TSX:ATZ)</td><td>16.1%</td><td>21.7%</td></tr><tr><td>Almonty Industries (TSX:AII)</td><td>10.2%</td><td>48.2%</td></tr><tr><td>Allied Gold (TSX:AAUC)</td><td>15.8%</td><td>74.5%</td></tr></tbody></table></div><p>Click here to see the full list of 48 stocks from our Fast Growing TSX Companies With High Insider Ownership screener.</p><p>Here's a peek at a few of the choices from the screener.</p><h2>Allied Gold (TSX:AAUC)</h2><p><strong>Simply Wall St Growth Rating:</strong> ★★★★★☆</p><p><strong>Overview:</strong> Allied Gold Corporation, along with its subsidiaries, operates as a gold mining company in Africa and has a market cap of CA$4.76 billion.</p><p><strong>Operations:</strong> The company's revenue is derived from its operations at the Agbaou Mine ($317.37 million), Bonikro Mine ($372.75 million), and Sadiola Mine ($689.41 million).</p><p><strong>Insider Ownership:</strong> 15.8%</p><p>Allied Gold is poised for growth with a forecasted 32.5% annual revenue increase, outpacing the Canadian market. Despite recent net losses, including a US$58.33 million loss in Q1 2026, its gold production has risen significantly year-over-year. The company trades at a substantial discount to its estimated fair value and is expected to achieve profitability within three years, making it an intriguing prospect for growth-focused investors seeking high insider ownership dynamics in Canada.</p><ul><li>Click here to discover the nuances of Allied Gold with our detailed analytical future growth report.</li><li>Our expertly prepared valuation report Allied Gold implies its share price may be lower than expected.</li></ul><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/e6b175a9-4cba-4a1c-80b7-25c7b54a6348/chart/ownership-breakdown?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/e6b175a9-4cba-4a1c-80b7-25c7b54a6348/chart/ownership-breakdown"/><figcaption>TSX:AAUC Ownership Breakdown as at May 2026</figcaption></figure><h2>Canfor (TSX:CFP)</h2><p><strong>Simply Wall St Growth Rating:</strong> ★★★★☆☆</p><p><strong>Overview:</strong> Canfor Corporation is an integrated forest products company with operations in the United States, Asia, Canada, Europe, and internationally, and has a market cap of CA$1.47 billion.</p><p><strong>Operations:</strong> The company's revenue is primarily derived from its Lumber segment, which generated CA$4.71 billion, followed by the Pulp and Paper segment at CA$649 million.</p><p><strong>Insider Ownership:</strong> 22.6%</p><p>Canfor Corporation, with significant insider ownership, is forecast to achieve profitability over the next three years, surpassing average market growth. Despite reporting a net loss of C$72.1 million in Q1 2026 and a decline in sales to C$1.36 billion, Canfor's earnings are expected to grow by 76.6% annually. The company trades at a substantial discount relative to its fair value and peers, while recent insider activity shows more buying than selling, albeit not in large volumes.</p><ul><li>Click here and access our complete growth analysis report to understand the dynamics of Canfor.</li><li>Insights from our recent valuation report point to the potential undervaluation of Canfor shares in the market.</li></ul><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/3b6c35dd-5e59-4e12-830a-278daa5fce00/chart/earnings-and-revenue-growth?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/3b6c35dd-5e59-4e12-830a-278daa5fce00/chart/earnings-and-revenue-growth"/><figcaption>TSX:CFP Earnings and Revenue Growth as at May 2026</figcaption></figure><h2>Orla Mining (TSX:OLA)</h2><p><strong>Simply Wall St Growth Rating:</strong> ★★★★☆☆</p><p><strong>Overview:</strong> Orla Mining Ltd. acquires, explores, develops, and exploits mineral properties with a market cap of CA$5.72 billion.</p><p><strong>Operations:</strong> The company's revenue segments include $130.64 million from Corporate, $348.27 million from Camino Rojo, and $817.18 million from Mussel-White Mine.</p><p><strong>Insider Ownership:</strong> 11%</p><p>Orla Mining, with strong insider ownership, is set for substantial growth, as its earnings are projected to increase significantly faster than the Canadian market over the next three years. Recent strategic moves include a merger with Equinox Gold Corp., forming a senior gold producer with an implied market capitalization of $18.5 billion and expected annual production of 1.1 million ounces in 2026. The company trades well below its estimated fair value, reflecting potential upside for investors despite limited recent insider activity.</p><ul><li>Delve into the full analysis future growth report here for a deeper understanding of Orla Mining.</li><li>In light of our recent valuation report, it seems possible that Orla Mining is trading behind its estimated value.</li></ul><figure><img height="476" src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/82758891-532e-4bd9-bf98-0b49cdf897fe/chart/ownership-breakdown?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="746" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/company/82758891-532e-4bd9-bf98-0b49cdf897fe/chart/ownership-breakdown"/><figcaption>TSX:OLA Ownership Breakdown as at May 2026</figcaption></figure><h2>Make It Happen</h2><ul><li>Get an in-depth perspective on all 48 Fast Growing TSX Companies With High Insider Ownership by using our screener here.</li><li>Seeking Other Investments? Trump's oil boom is here — pipelines are primed to profit. Discover the 22 US stocks riding the wave.</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><h3><strong>New: </strong>Manage All Your Stock Portfolios in One Place</h3><p>We've created the <strong>ultimate portfolio companion</strong> for stock investors, <strong>and it's free.</strong></p><p>• Connect an unlimited number of Portfolios and see your total in one currency<br/>• Be alerted to new Warning Signs or Risks via email or mobile<br/>• Track the Fair Value of your stocks<br/></p><p>Try a Demo Portfolio for Free</p></div></div></div>

ORLA

AAUC

<p>As Canadian markets face rising yields, growth companies with high insider ownership present attractive investment opportunities. Notable firms include Allied Gold, Canfor, and Orla Mining, each showing significant insider stakes and promising earnings growth. Despite recent losses, these companies are expected to achieve profitability and outperform market growth, trading at discounts to their fair values. Investors are encouraged to explore these stocks for potential upside amidst evolving market conditions.</p>

Top TSX Growth Stocks With Insider Ownership May 2026