3 ASX Growth Stocks With Up To 16% Insider Ownership

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The ASX200 has recently hit a new record high, buoyed by significant gains in the mining sector and strong performances across ten out of eleven sectors. In this thriving market environment, growth companies with substantial insider ownership can offer unique insights into potential future performance.

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%

Genmin (ASX:GEN)

12%

117.7%

Hillgrove Resources (ASX:HGO)

10.4%

70.9%

AVA Risk Group (ASX:AVA)

15.7%

118.8%

Pointerra (ASX:3DP)

18.7%

126.4%

Liontown Resources (ASX:LTR)

16.4%

81.1%

Acrux (ASX:ACR)

17.4%

91.6%

Adveritas (ASX:AV1)

21.1%

144.2%

Plenti Group (ASX:PLT)

12.8%

106.4%

Click here to see the full list of 102 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

Let's take a closer look at a couple of our picks from the screened companies.

Liontown Resources

Simply Wall St Growth Rating: ★★★★★★

Overview: Liontown Resources Limited (ASX:LTR) focuses on the exploration, evaluation, and development of mineral properties in Australia, with a market cap of A$1.90 billion.

Operations: Liontown Resources Limited's revenue segments primarily involve the exploration, evaluation, and development of mineral properties in Australia.

Insider Ownership: 16.4%

Liontown Resources, a growth company with high insider ownership in Australia, is forecast to grow revenue by 39.2% per year, significantly outpacing the market. Recent strategic partnerships with LG Energy Solution and substantial funding of A$379 million bolster its Kathleen Valley lithium project. Despite reporting a net loss of A$64.92 million for FY2024, Liontown's projected profitability within three years and strong corporate governance improvements highlight its potential for long-term value creation.

ASX:LTR Earnings and Revenue Growth as at Sep 2024
ASX:LTR Earnings and Revenue Growth as at Sep 2024

Mineral Resources

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Mineral Resources Limited, with a market cap of A$9.58 billion, operates as a mining services company in Australia, Asia, and internationally through its subsidiaries.

Operations: Mineral Resources Limited generates revenue from several segments, including Energy (A$16 million), Lithium (A$1.41 billion), Iron Ore (A$2.58 billion), Mining Services (A$3.38 billion), and Other Commodities (A$19 million).

Insider Ownership: 11.7%