3 ASX Growth Stocks With Insider Ownership Up To 16%

In This Article:

The Australian market remained flat over the last week, but it has risen 16% over the past 12 months with earnings expected to grow by 12% per annum in the coming years. In this context, identifying growth companies with high insider ownership can be a promising strategy, as it often indicates confidence from those who know the business best.

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%

55.8%

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 uncover some gems from our specialized screener.

Liontown Resources

Simply Wall St Growth Rating: ★★★★★★

Overview: Liontown Resources Limited, with a market cap of A$1.95 billion, focuses on the exploration, evaluation, and development of mineral properties in Australia.

Operations: Revenue Segments (in millions of A$): null

Insider Ownership: 16.4%

Liontown Resources, a growth company with high insider ownership, recently appointed Ian Wells as Lead Independent Director, enhancing corporate governance. Despite reporting a net loss of A$64.92 million for FY2024, the company forecasts significant revenue growth at 39.2% annually and expects to become profitable within three years. Their strategic partnership with LG Energy Solution includes a US$250 million investment and extended offtake agreements, bolstering long-term value creation from their Kathleen Valley lithium project.

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$10.15 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 reported A$5.28 billion in sales for FY2024, up from A$4.78 billion last year, though net income dropped to A$125 million from A$243 million. Earnings are forecast to grow 38.29% annually over the next three years, outpacing the broader Australian market's growth rate of 12.2%. Insiders have been buying shares recently, indicating confidence in future prospects despite lower profit margins and earnings per share compared to last year.