Construction Partners, Inc.·Industrials

Vancouver, British Columbia--(Newsfile Corp. - May 21, 2026) - Mineral Road Discovery Inc. (CSE: ROAD) (the "Company" or "ROAD") announces that, further to its news releases of April 8th and May 1st, 2026, the Canadian Securities Exchange has granted an extension to the deadline for filing final documentation for the private placement to July 6, 2026. Proceeds will be used for general working capital.

ROAD's record $3.14B backlog offers strong revenue visibility, backed by Sunbelt demand, acquisitions and higher FY26 guidance.

Construction Partners, Inc. ROAD has gained 13.5% in the past month, outperforming the Zacks Building Products - Miscellaneous industry, the broader Construction sector and the S&P 500 index. Recently, on May 8, 2026, the company reported its second-quarter fiscal 2026 earnings, which reflected strong momentum owing to the robust public infrastructure spending and surging private-sector activity tied to data centers, warehouses and manufacturing projects.

Construction Partners (ROAD) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Construction Partners, Inc. ROAD appears to be moving faster than expected toward its ambitious ROAD 2030 targets, thanks to booming infrastructure demand, aggressive acquisitions and rising commercial opportunities across the Sunbelt. The company delivered an impressive second-quarter fiscal 2026 performance, with revenues jumping 35% year over year to $769.2 million.

On May 12, 2026, Construction Partners Inc (ROAD) shares fell 3.8% to a current price of $135.45. This decline comes amidst a 52-week price range of $91.72 to $
Construction Partners, Inc., a civil infrastructure company, engages in the construction and maintenance of roadways across Alabama, Florida, Georgia, North Carolina, and South Carolina. The company, through its subsidiaries, provides various products and services to public and private infrastructure projects, with a focus on highways, roads, bridges, airports, and commercial and residential developments. It also engages in manufacturing and distributing hot mix asphalt (HMA) for internal use and sales to third parties in connection with construction projects; paving activities, including the construction of roadway base layers and application of asphalt pavement; site development, including the installation of utility and drainage systems; mining aggregates, such as sand and gravel that are used as raw materials in the production of HMA; and distributing liquid asphalt cement for internal use and sales to third parties in connection with HMA production. The company was formerly known as SunTx CPI Growth Company, Inc. and changed its name to Construction Partners, Inc. in September 2017. Construction Partners, Inc. was incorporated in 1999 and is headquartered in Dothan, Alabama.
Industrials
Engineering & Construction
1,325
2018-05-04
0.92