3 ASX Growth Companies With High Insider Ownership
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Over the last 7 days, the Australian market has risen 1.7% and over the past 12 months, it is up 12%, with earnings forecasted to grow by 12% annually. In this favorable environment, growth companies with high insider ownership can be particularly attractive as they often indicate strong confidence from those closest to the business.
Top 10 Growth Companies With High Insider Ownership In Australia
| Name | Insider Ownership | Earnings Growth |
| Clinuvel Pharmaceuticals (ASX:CUV) | 10.4% | 27.4% |
| Catalyst Metals (ASX:CYL) | 17% | 54.5% |
| AVA Risk Group (ASX:AVA) | 15.7% | 118.8% |
| Genmin (ASX:GEN) | 12% | 117.7% |
| Hillgrove Resources (ASX:HGO) | 10.4% | 70.9% |
| Pointerra (ASX:3DP) | 18.7% | 126.4% |
| Liontown Resources (ASX:LTR) | 16.4% | 69.4% |
| Acrux (ASX:ACR) | 17.4% | 91.6% |
| Adveritas (ASX:AV1) | 21.1% | 144.2% |
| Plenti Group (ASX:PLT) | 12.8% | 106.4% |
Here we highlight a subset of our preferred stocks from the screener.
Capricorn Metals
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Capricorn Metals Ltd is an Australian company involved in the evaluation, exploration, development, and production of gold properties with a market cap of A$2.34 billion.
Operations: The company generates revenue primarily from its Karlawinda gold project, amounting to A$359.73 million.
Insider Ownership: 11.9%
Capricorn Metals, a growth company with high insider ownership in Australia, reported significant earnings growth for the year ending June 30, 2024, with net income rising to A$87.14 million from A$4.4 million the previous year. The company announced a major expansion study at its Karlawinda Gold Project, aiming to increase throughput by up to 55%. Despite forecasted revenue growth of 18.6% per year being slower than some peers, its earnings are expected to grow faster than the Australian market average at 19.9% annually.
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Click to explore a detailed breakdown of our findings in Capricorn Metals' earnings growth report.
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Upon reviewing our latest valuation report, Capricorn Metals' share price might be too optimistic.
Mineral Resources
Simply Wall St Growth Rating: ★★★★☆☆
Overview: Mineral Resources Limited, with a market cap of A$7.23 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.
Operations: The company's revenue segments include A$16 million from Energy, A$1.41 billion from Lithium, A$2.58 billion from Iron Ore, and A$3.38 billion from Mining Services, along with A$19 million from Other Commodities.
Insider Ownership: 11.7%
Mineral Resources has seen more insider buying than selling over the past three months, though not in substantial volumes. The company is forecasted to achieve significant annual earnings growth of 38.7%, surpassing the Australian market average. However, its net profit margin declined from 5.1% to 2.4% year-over-year, and interest payments are not well covered by earnings. Despite trading at 64% below estimated fair value, recent full-year results showed a drop in net income from A$243 million to A$125 million.