ASX Growth Stocks With Strong Insider Confidence For October 2024

Simply Wall St.10-21

The Australian market has recently faced a downturn, with the ASX200 closing down 0.87% at 8283 points amid concerns about the Chinese economy's strength, leading to all sectors finishing in the red. ...

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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nASX Growth Stocks With Strong Insider Confidence For October 2024\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-10-21 03:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/asx-growth-stocks-strong-insider-190234112.html><strong>Simply Wall St.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Australian market has recently faced a downturn, with the ASX200 closing down 0.87% at 8283 points amid concerns about the Chinese economy's strength, leading to all sectors finishing in the red. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/asx-growth-stocks-strong-insider-190234112.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7062","symbol_name":"资产管理与托管银行","start_time":0,"source_url":"https://finance.yahoo.com/news/asx-growth-stocks-strong-insider-190234112.html","article_id":"2477099601","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/hHa1.rnFIozE8uk1FxFmIg--~B/aD00MzI7dz0xMTk0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/simply_wall_st__316/7a92075e7c274cfc915511d1e9d413e3"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477099601","pubTimestamp":1729450954,"sourceInfo":{"source_id":"yahoofinance_au","name":"Yahoo Finance AU"},"weMediaInfo":null,"summary":"The Australian market has recently faced a downturn, with the ASX200 closing down 0.87% at 8283 points amid concerns about the Chinese economy's strength, leading to all sectors finishing in the red. In such uncertain times, growth companies with high insider ownership can signal confidence from those closest to the business, suggesting they may be well-positioned to navigate challenging market conditions and capitalize on future opportunities.Top 10 Growth Companies With High Insider Ownership In Australia. Capricorn Metals is experiencing strong growth, with earnings forecasted to rise significantly at 20.5% annually, outpacing the Australian market. The company's recent financial results show a substantial increase in net income to A$87.14 million from A$4.4 million the previous year, reflecting robust operational performance. Insider ownership remains high, which can align management's interests with shareholders'. Capricorn is also expanding its Karlawinda Gold Project, potentiall","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7062":"资产管理与托管银行","CMM.AU":"CAPRICORN METALS LTD","AV1.AU":"ADVERITAS LTD","BK7016":"应用软件","AVA.AU":"Ava Risk Group Ltd","CUV.AU":"CLINUVEL PHARMACEUTICALS LTD","BK7095":"多种金属与采矿","ACR.AU":"ACRUX LTD","CYL.AU":"CATALYST METALS LTD","BK7104":"黄金","BK7096":"制药","GEN.AU":"GENMIN LTD","BK7093":"消费信贷","PNI.AU":"PINNACLE INVESTMENT MANAGEME","XAO.AU":"标普/澳交所 普通股指数","XJO.AU":"标普/澳交所 200指数","BK7129":"钢铁","XKO.AU":"标普/澳交所 300指数","BK7508":"医药生物股","3DP.AU":"POINTERRA LTD","EMR.AU":"EMERALD RESOURCES NL","BK7084":"电子设备和仪器","PLT.AU":"PLENTI GROUP LTD","HGO.AU":"HILLGROVE RESOURCES LTD","BK7067":"生物科技"},"translate_title":"澳大利亚证券交易所成长型股票对2024年10月充满信心","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ACR.AU":1,"AV1.AU":1,"AVA.AU":1,"3DP.AU":1,"PNI.AU":1,"PLT.AU":1,"HGO.AU":1,"GEN.AU":1,"CYL.AU":1,"CUV.AU":1,"CMM.AU":1,"XKO.AU":0.9,"XJO.AU":0.9,"XAO.AU":0.9,"EMR.AU":0.9},"content_text":"The Australian market has recently faced a downturn, with the ASX200 closing down 0.87% at 8283 points amid concerns about the Chinese economy's strength, leading to all sectors finishing in the red. In such uncertain times, growth companies with high insider ownership can signal confidence from those closest to the business, suggesting they may be well-positioned to navigate challenging market conditions and capitalize on future opportunities.\nTop 10 Growth Companies With High Insider Ownership In Australia\n\n\n\nName\nInsider Ownership\nEarnings Growth\n\n\nClinuvel Pharmaceuticals (ASX:CUV)\n10.4%\n27.4%\n\n\nEmerald Resources (ASX:EMR)\n18%\n32.2%\n\n\nGenmin (ASX:GEN)\n12%\n117.7%\n\n\nCatalyst Metals (ASX:CYL)\n14.8%\n45.4%\n\n\nAVA Risk Group (ASX:AVA)\n15.7%\n118.8%\n\n\nHillgrove Resources (ASX:HGO)\n10.4%\n70.5%\n\n\nAcrux (ASX:ACR)\n17.4%\n91.6%\n\n\nPointerra (ASX:3DP)\n20.1%\n126.4%\n\n\nAdveritas (ASX:AV1)\n21.2%\n144.2%\n\n\nPlenti Group (ASX:PLT)\n12.8%\n106.4%\n\n\n\nClick here to see the full list of 98 stocks from our Fast Growing ASX Companies With High Insider Ownership screener.\nHere's a peek at a few of the choices from the screener.\nCapricorn Metals\nSimply Wall St Growth Rating: ★★★★★☆\nOverview: Capricorn Metals Ltd is involved in the evaluation, exploration, development, and production of gold properties in Australia with a market cap of A$2.41 billion.\nOperations: The company's revenue primarily comes from its Karlawinda gold operations, amounting to A$359.73 million.\nInsider Ownership: 11.9%\nReturn On Equity Forecast: 34% (2027 estimate)\nCapricorn Metals is experiencing strong growth, with earnings forecasted to rise significantly at 20.5% annually, outpacing the Australian market. The company's recent financial results show a substantial increase in net income to A$87.14 million from A$4.4 million the previous year, reflecting robust operational performance. Insider ownership remains high, which can align management's interests with shareholders'. Capricorn is also expanding its Karlawinda Gold Project, potentially boosting production capacity by up to 55%.\n\nClick here to discover the nuances of Capricorn Metals with our detailed analytical future growth report.\nThe analysis detailed in our Capricorn Metals valuation report hints at an deflated share price compared to its estimated value.\n\n\n\n\n  ASX:CMM Ownership Breakdown as at Oct 2024\n \n\nEmerald Resources\nSimply Wall St Growth Rating: ★★★★★★\nOverview: 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.\nOperations: The company's revenue primarily comes from its mine operations, totaling A$366.04 million.\nInsider Ownership: 18%\nReturn On Equity Forecast: 26% (2027 estimate)\nEmerald Resources shows promising growth potential, with revenue and earnings expected to increase significantly at 31.1% and 32.2% annually, surpassing the Australian market's average growth rates. The company recently reported a rise in net income to A$84.27 million from A$59.36 million, indicating strong financial performance. Despite past shareholder dilution, insider ownership remains substantial, aligning management interests with shareholders'. Simon Lee AO's upcoming retirement marks the end of an impactful leadership era for Emerald Resources.\n\nDelve into the full analysis future growth report here for a deeper understanding of Emerald Resources.\nOur valuation report unveils the possibility Emerald Resources' shares may be trading at a premium.\n\n\n\n\n  ASX:EMR Earnings and Revenue Growth as at Oct 2024\n \n\nPinnacle Investment Management Group\nSimply Wall St Growth Rating: ★★★★☆☆\nOverview: Pinnacle Investment Management Group Limited is an Australian investment management company with a market cap of A$3.87 billion.\nOperations: The company generates revenue primarily from its Funds Management Operations, amounting to A$48.99 million.\nInsider Ownership: 31.5%\nReturn On Equity Forecast: 30% (2027 estimate)\nPinnacle Investment Management Group's earnings are projected to grow at 14.4% annually, outpacing the Australian market, while revenue growth is also expected to exceed market averages. Recent financial results show net income rising to A$90.35 million from A$76.47 million, with basic earnings per share increasing to A$0.458. The company appointed Christina Lenard as a director in August 2024, and insider ownership remains significant, aligning management interests with shareholders'.\n\nUnlock comprehensive insights into our analysis of Pinnacle Investment Management Group stock in this growth report.\nOur valuation report here indicates Pinnacle Investment Management Group may be overvalued.\n\n\n\n\n  ASX:PNI Ownership Breakdown as at Oct 2024\n \n\nTurning Ideas Into Actions\n\nClick here to access our complete index of 98 Fast Growing ASX Companies With High Insider Ownership.\nAlready own these companies? Link your portfolio to Simply Wall St and get alerts on any new warning signs to your stocks.\nEnhance your investing ability with the Simply Wall St app and enjoy free access to essential market intelligence spanning every continent.\n\nReady For A Different Approach?\n\nExplore high-performing small cap companies that haven't yet garnered significant analyst attention.\nDiversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence.\nFind companies with promising cash flow potential yet trading below their fair value.\n\n This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.The analysis only considers stock directly held by insiders. It does not include indirectly owned stock through other vehicles such as corporate and/or trust entities. All forecast revenue and earnings growth rates quoted are in terms of annualised (per annum) growth rates over 1-3 years.\nCompanies discussed in this article include ASX:CMM ASX:EMR and ASX:PNI.\nHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2477099601"}