ASX Growth Stocks Insiders Are Banking On

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Over the last 7 days, the Australian market has risen by 1.7% and is up 18% over the past year, with earnings expected to grow by 12% annually in the coming years. In this robust environment, stocks with high insider ownership can be particularly attractive as they often indicate confidence from those closest to the company's operations and future prospects.

Top 10 Growth Companies With High Insider Ownership In Australia

Name

Insider Ownership

Earnings Growth

Clinuvel Pharmaceuticals (ASX:CUV)

10.4%

27.4%

Genmin (ASX:GEN)

12%

117.7%

Catalyst Metals (ASX:CYL)

17%

45.4%

AVA Risk Group (ASX:AVA)

15.7%

118.8%

Liontown Resources (ASX:LTR)

14.7%

59.8%

Hillgrove Resources (ASX:HGO)

10.4%

70.2%

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.

Below we spotlight a couple of our favorites from our exclusive screener.

Capricorn Metals

Simply Wall St Growth Rating: ★★★★☆☆

Overview: Capricorn Metals Ltd is involved in the evaluation, exploration, development, and production of gold properties in Australia, with a market capitalization of A$2.43 billion.

Operations: The company's revenue primarily comes from its Karlawinda gold operations, amounting to A$359.73 million.

Insider Ownership: 11.9%

Capricorn Metals is experiencing robust revenue growth, forecasted at 18.8% annually, outpacing the Australian market's 5.6%. The company's earnings surged dramatically over the past year and are expected to grow at 17.9% per annum, surpassing market averages. Recent developments include a significant expansion study for the Karlawinda Gold Project, which could increase throughput by up to 55%, further supporting its growth trajectory amidst high insider ownership and strategic resource upgrades.

ASX:CMM Ownership Breakdown as at Oct 2024
ASX:CMM Ownership Breakdown 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$2.73 billion.

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

Insider Ownership: 18%

Emerald Resources demonstrates strong growth potential with forecasted revenue growth of 35.2% annually, significantly outpacing the market average of 5.6%. Its earnings grew by 41.9% last year and are expected to continue growing at 16.2% per annum, above the market's rate of 12.2%. Recent financial results showed increased sales and net income, while leadership changes include Simon Lee AO's retirement from the board after a decade of impactful contributions.