GOLD Price Forecast Based on Dividend Discount Model

The Dividend Discount Model (DDM) is a valuation model that attempts to determine a fair share price for a stock, based on the dividend it provides in comparison to several company-specific metrics indicative of the riskiness of the stock and the financial health of the company. Regarding Barrick Gold Corp, the dividend discount model StockNews created for the company implies a positive return of 279.39%. Digging deeper, the aspects of Barrick Gold Corp's dividend discount model that we found most interesting were:

• Beta is a measure of how volatile a stock is relative to the S&P 500; when evaluated against its peers in the large-sized revenue class, Barrick Gold Corp has a beta lower than 99.69% of such peers.
• Regarding its relative worth based on the dividend discount model, GOLD's provides a return of 279.39% based on the forecast of the dividend discount model we used relative to its current share price; this is a better return than 93.57% of all stocks we measured with our dividend discount model.

GOLD Dividends vs. Peers