ASX Growth Stocks With High Insider Ownership And 34% Return On Equity

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As the ASX200 edges up 0.7% in afternoon trade and gold prices reach new highs amid Middle East tensions, investors are closely watching the Materials and Health Care sectors, which have been leading the market gains. In this environment, growth companies with high insider ownership can be particularly appealing, as they often suggest strong alignment between management and shareholders while potentially delivering robust returns like those seen with a 34% return on equity.

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

Clinuvel Pharmaceuticals (ASX:CUV)

10.4%

27.4%

Emerald Resources (ASX:EMR)

18%

32.2%

Genmin (ASX:GEN)

12%

117.7%

Catalyst Metals (ASX:CYL)

14.8%

45.4%

AVA Risk Group (ASX:AVA)

15.7%

118.8%

Hillgrove Resources (ASX:HGO)

10.4%

70.5%

Acrux (ASX:ACR)

17.4%

91.6%

Pointerra (ASX:3DP)

20.1%

126.4%

Adveritas (ASX:AV1)

21.2%

144.2%

Plenti Group (ASX:PLT)

12.8%

106.4%

Click here to see the full list of 98 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.

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 focused on the evaluation, exploration, development, and production of gold properties, with a market cap of A$2.41 billion.

Operations: Capricorn Metals generates its revenue primarily from the Karlawinda gold project, amounting to A$359.73 million.

Insider Ownership: 11.9%

Return On Equity Forecast: 34% (2027 estimate)

Capricorn Metals stands out for its high insider ownership and strong growth prospects. The company's earnings are forecast to grow significantly, surpassing the Australian market average. Recent financial results show a substantial increase in net income to A$87.14 million from A$4.4 million, highlighting robust performance. Additionally, Capricorn's Karlawinda Gold Project expansion study aims to boost throughput by up to 55%, potentially enhancing future revenue streams amidst ongoing industry M&A discussions involving gold assets in Australia.

ASX:CMM Earnings and Revenue Growth as at Oct 2024
ASX:CMM Earnings and Revenue Growth as at Oct 2024

Emerald Resources

Simply Wall St Growth Rating: ★★★★★★

Overview: Emerald Resources NL is involved in the exploration and development of mineral reserves in Cambodia and Australia, with a market cap of A$2.76 billion.

Operations: The company's revenue primarily comes from mine operations, totaling A$366.04 million.