1 day Ago By Simply Wall St.
The Australian stock market has been experiencing significant activity, with the ASX200 reaching an all-time high of 8,186 points before stabilizing slightly lower. Amidst this backdrop of economic adjustments and sectoral shifts, identifying growth companies with high insider ownership can provide valuable insights into potential investment opportunities. Top 10 Growth Companies With High Insider Ownership In Australia 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% We'll examine a selection from our screener results.
★★★★☆☆ 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. Capricorn Metals Ltd generates revenue primarily from its Karlawinda gold property, amounting to A$359.
73 million. 11.9% Capricorn Metals has demonstrated impressive growth, with earnings surging to A$87.
14 million for the year ending June 30, 2024, compared to A$4.4 million a year ago. The company’s Karlawinda Gold Project expansion study indicates significant potential for increased production capacity.
Insider ownership remains high, aligning management's interests with shareholders'. Revenue and earnings are forecast to grow faster than the Australian market at 18.6% and 19.
9% per year respectively, though not exceeding 20%. ★★★★☆☆ 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.
Revenue segments for Mineral Resources Limited include Energy (A$16 million), Lithium (A$1.41 billion), Iron Ore (A$2.58 billion), and Mining Services (A$3.
38 billion). 11.7% Mineral Resources Limited reported full-year sales of A$5.
28 billion, up from A$4.78 billion last year, though net income dropped to A$125 million from A$243 million. Despite lower profit margins and earnings per share compared to the previous year, the company is forecasted to grow its earnings at 38.
7% annually, outpacing the Australian market's 12.3%. Insider buying has been more frequent than selling recently, indicating confidence in future growth prospects despite challenges in covering interest payments with current earnings.
★★★★☆☆ Technology One Limited develops, markets, sells, implements, and supports integrated enterprise business software solutions in Australia and internationally with a market cap of A$7.67 billion. The company's revenue segments are composed of Software (A$317.
24 million), Corporate (A$83.83 million), and Consulting (A$68.13 million).
12.3% Technology One Limited, a growth company with high insider ownership, recently appointed Paul Robson as an independent Non-Executive Director, enhancing its strategic and operational capabilities. The company's revenue is forecast to grow at 11.
5% per year, outpacing the Australian market's 5.3%. Earnings are expected to increase by 14.
79% annually, also surpassing the market average of 12.3%. Despite no significant recent insider trading activity, Technology One maintains strong growth prospects with high forecasted return on equity at 32.
6%. Take a closer look at our list of 98 companies by clicking here. Have a stake in these businesses? for notifications and detailed stock reports.
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