Orla Mining LtdOrla Mining has a lower forward P/E (6.69X vs 13.52X) and upward earnings estimate revisions, making it a better buy per Zacks.
Orla Mining Ltd. is a more compelling gold stock than Alamos Gold Inc. right now, according to a Zacks Investment Research analysis. Orla Mining trades at a forward 12-month earnings multiple of 6.69X, well below Alamos Gold's 13.52X, and its 2026 earnings estimates have been revised upward over the past 60 days while Alamos Gold's have trended lower. The pending at-market merger with Equinox Gold Corp. will give Orla shareholders immediate exposure to a diversified North American senior producer with six mines, including the recently acquired Musselwhite mine that helped drive first-quarter 2026 gold sales 76% higher year over year. Alamos Gold offers strong long-term growth from its Island Gold District expansion, targeting 534,000 ounces annually starting in 2028, but near-term production was flat in the first quarter and its 2026 earnings estimates have been cut. Both stocks carry a Zacks Rank #3, or Hold, yet Orla's cheaper valuation and positive estimate momentum give it the edge.
Orla Mining LtdOrla Mining has a lower forward P/E (6.69X vs 13.52X) and upward earnings estimate revisions, making it a better buy per Zacks.
Alamos Gold IncAlamos Gold's 2026 earnings estimates have been cut and it trades at a higher P/E, making it less attractive per Zacks analysis.
Equinox Gold CorpOrla Mining's pending merger with Equinox Gold will give Orla shareholders exposure to a diversified senior producer with six mines.