Newmont Corporation announced on August 27, 2025, that Moody’s Ratings has upgraded its issuer credit rating to A3 from Baa1, assigning a stable outlook. This upgrade reflects Newmont’s improved credit profile and strengthened financial position.
Moody's cited Newmont's robust balance sheet, excellent liquidity position, and prudent financial management as key factors supporting the upgrade. CEO Tom Palmer emphasized that this recognition underscores the company's disciplined, balanced approach to capital allocation.
Newmont ended the second quarter of 2025 with a substantial $6.2 billion in consolidated cash and $10.2 billion in total liquidity. The upgrade is expected to enhance the company's access to capital markets and potentially reduce future borrowing costs, reinforcing its long-term value creation strategy.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.