ORLA vs PAAS

For growth investors, Orla Mining Ltd.

(ORLA) is the stronger pick with 329. 5% revenue growth year-over-year, versus 30. 6% for Pan American Silver Corp. (PAAS). Pan American Silver Corp. (PAAS) offers the better valuation at 22. 1x trailing P/E (12. 4x forward), making it the more compelling value choice. Analysts rate Orla Mining Ltd. (ORLA) a "Buy" — based on 4 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Pan American Silver Corp.

(PAAS) is the cheapest at 22. 1x versus Orla Mining Ltd. at 45. 3x. On forward P/E, Orla Mining Ltd. is actually cheaper at 7. 9x — notably different from the trailing picture, reflecting expected earnings growth.

Over the past 5 years, Orla Mining Ltd.

(ORLA) delivered a total return of +243. 7%, compared to +71. 4% for Pan American Silver Corp. (PAAS). Over 10 years, the gap is even starker: ORLA returned +1373% versus PAAS's +326. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Orla Mining Ltd.

(ORLA) is the lower-risk stock at 0. 21β versus Pan American Silver Corp. 's 0. 74β — meaning PAAS is approximately 256% more volatile than ORLA relative to the S&P 500. On balance sheet safety, Pan American Silver Corp. (PAAS) carries a lower debt/equity ratio of 13% versus 56% for Orla Mining Ltd. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), Orla Mining Ltd.

(ORLA) is pulling ahead at 329. 5% versus 30. 6% for Pan American Silver Corp. (PAAS). On earnings-per-share growth, the picture is similar: Pan American Silver Corp. grew EPS 741. 9% year-over-year, compared to 59. 3% for Orla Mining Ltd.. Over a 3-year CAGR, ORLA leads at 97. 0% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Pan American Silver Corp.

(PAAS) is the more profitable company, earning 27. 0% net margin versus 10. 1% for Orla Mining Ltd. — meaning it keeps 27. 0% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: ORLA leads at 43. 5% versus 32. 3% for PAAS. At the gross margin level — before operating expenses — ORLA leads at 48. 7%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

On forward earnings alone, Orla Mining Ltd.

(ORLA) trades at 7. 9x forward P/E versus 12. 4x for Pan American Silver Corp. — 4. 5x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for PAAS: 29. 7% to $75. 00.

In this comparison, PAAS (0.

8% yield) pays a dividend. ORLA does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, Orla Mining Ltd.

(ORLA) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 21), +1373% 10Y return). Both have compounded well over 10 years (ORLA: +1373%, PAAS: +326. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Basic Materials sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

PAAS pays a dividend while ORLA does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.