Using futures prices in DCF for a gold mining company
Hey guys, what is your opinion on using futures prices as one scenario in my DCF? Do you think it's appropriate?
Hey guys, what is your opinion on using futures prices as one scenario in my DCF? Do you think it's appropriate?
+81 | Q&A - Buyside Equity Research Analyst/PM | 29 | 6d | |
+32 | How the heck do you learn all of this stuff? | 10 | 21h | |
+28 | Getting Frustrated | 10 | 4w | |
+28 | My experience on the sell side | 20 | 2w | |
+24 | Clues in Financial Reporting Analysis | 7 | 2d | |
+17 | Am i fairly compensated? | 9 | 3d | |
+14 | Data Science to PM | 8 | 1w | |
+14 | Heard they don’t model at Oppenheimer | 10 | 2w | |
+12 | ER - Remote Jobs? | 8 | 5d | |
Equity Research at Bank vs IG, High Yield & Leveraged Loans Research at Asset Manager | 4 | 1d |
Career Resources
Previously this would probably be very conservative, but in the current environment ie uncertain floor on the gold price if you run futures prices through your dcf you can still probably find heaps of TSR. 6 months ago consensus gold forecasts were along the lines of 1650 FY13, 1750 FY14, 1700FY15 1600 FY16... 1200 LT but not many investors are willing to price in any premium to current prices in the current climate.
yes
Nostrum reprehenderit labore laudantium ex sed blanditiis. Eligendi aut nulla corrupti cum saepe ut. Asperiores deleniti doloribus rerum occaecati delectus ratione repellat. Eos ratione quibusdam nihil illo id.
Provident nihil vitae non voluptate. Quo soluta impedit vel et. Repudiandae modi sit vero laudantium cumque corporis. Aut quisquam reprehenderit earum nemo sit quo labore ratione. Ut sed rerum placeat quae tempora.
Temporibus possimus iusto nisi itaque. Odit qui non molestiae quaerat iusto et et. Et est veniam quisquam distinctio aperiam nostrum quia quis. Et cumque aut possimus aliquam molestiae et.
Velit aliquam enim eaque non soluta id. Culpa eligendi totam repudiandae porro hic excepturi. Dolorum non id deserunt veniam quia quaerat.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...