ParcelPal Logistics Inc.

PNK:PTNYF

$0.011 USD

-$0.04 (-78.0%)

Volume
1.37K
Average Volume
0
Market Capitalization
$4.36B
P/E Ratio
-21.62
Dividend Yield
0.00%
Price Target
$
Year High
$0.14
Year Low
$0.01
Payout Ratio
$0.00
Current Ratio
$0.07

Industry, Sector & symbol

Stock Exchange Other OTC
CEO Mr. Rich Wheeless
Industry Integrated Freight & Logistics
Sector Industrials
Current Symbol PTNYF
CUSIP 69938P106
CIK 0001819074
Web https://www.parcelpal.com
Phone 587 883 9811
Currency USD
Employees 193
Country CA

Liquidity

Debt-to-Equity Ratio -0.76
Payout Ratio 0.00
Current Ratio 0.07
Quick Ratio 0.07
Cash Ratio 0.05

Sales & Book Value

Annual Sales $11.24M
Price / Sales 0.08
Cash Flow 0.00
Price / Cash Flow 1.25
Price / Book -2.05

Price Target and Rating

Average Stock Price Forecast $
High Stock Price Forecast $
Low Stock Price Forecast $
Forecast Upside/Downside %
Consensus Rating Sell
Rating Score(0-5) 2
Research Coverage 0 Analysts

Profitability

EPS (Most Recent Fiscal Year) $-0.19
Trailing P/E Ratio -21.62
PEG Ratio -0.50
P/E Growth -0.50
Net Income $-3.53M
Net Margin -3.26%
Pretax Margin -3.26%
Return on Equity 9.59%
Return on Assets -5.63%

Financials Score

AltmanZ Score 423.09
Piotroski Score 6.00
Working Capital -5.62M
Total Assets 3.8M
Ebit -1.49M
Market Cap 4.36B
Total Liabilities 6.06M

Poll Results

About ParcelPal Logistics Inc. (PNK:PTNYF) Stock

ParcelPal Logistics Inc., a courier and logistics company, provides last-mile delivery service and logistics solutions. The company connects people and businesses through its network of couriers in Vancouver, Calgary, and Toronto, Canada, as well as in the western region of the United States. It offers delivery and logistics solutions for business to business, business to customer, and other creative solution partners in pharmacy and health, meal kit deliveries, retail, groceries, and other verticals. The company was formerly known as ParcelPal Technology Inc. and changed its name to ParcelPal Logistics Inc. in June 2021. ParcelPal Logistics Inc. was incorporated in 1997 and is headquartered in Vancouver, Canada. ...

ParcelPal Provides Update on Status of MCTO

2024-05-29 16:24:00

Vancouver, British Columbia--(Newsfile Corp. - May 29, 2024) - ParcelPal Logistics Inc. (OTC Pink: PTNYF) (CSE: PKG) (FSE: PT0) (the "Company" or "ParcelPal"), is providing an update on the status of a management cease trade order (the "MCTO") application that was announced on April 16, 2024 (the "Announcement") with its principal regulator, the British Columbia Securities Commission, who issued the MCTO on May 1, 2024. The Company applied for the MCTO in order to secure additional time for the Company to file its audited annual financial statements and the related management's discussion and analysis for the fiscal year ended December 31, 2023, (the "Annual Filings"), which were originally due on April 29, 2024.

ParcelPal Provides Update on Status of MCTO and Announces Change of Auditor

2024-05-15 17:14:00

Vancouver, British Columbia--(Newsfile Corp. - May 15, 2024) - ParcelPal Logistics Inc. (OTC Pink: PTNYF) (CSE: PKG) (FSE: PT0) (the "Company" or "ParcelPal"), is providing notice that it has formally engaged a new auditor, and is also providing a further update on the status of a management cease trade order (the "MCTO") that the British Columbia Securities Commission issued on May 1, 2024, each of which is more fully described below. The Company is pleased to announce that it has changed its auditor from BF Borgers CPA, PC ("BF Borgers") to Turner, Stone & Company, L.L.P.

ParcelPal Announces Late Filing of Its Annual Financial Disclosure and Application for Management Cease Trade Order

2024-04-16 19:08:00

Vancouver, British Columbia--(Newsfile Corp. - April 16, 2024) - ParcelPal Logistics Inc. (OTCQB: PTNYF) (CSE: PKG) (FSE: PT0A) (the "Company" or "ParcelPal"), announces that the filing of its audited annual financial statements, management's discussion and analysis and related Chief Executive Officer and Chief Financial Officer certifications for the year ended December 31, 2023 (the "Required Filings") will be delayed beyond the prescribed filing deadline of April 29, 2024. The principal reason behind the Issuer's delay in meeting its reporting deadline is the Company has determined that it is unable to file, without unreasonable effort or expense, its Required Filings by the prescribed due date, as its auditor BF Borgers, Chartered Professional Accountants, has been terminated as a participating audit firm by the Canadian Public Accountability Board.

ParcelPal Logistics Provides Update on Progress of Antminer Hosting Site in the Southern United States, Capable of up to 100 MW (Megawatts), and Note From the CEO on its Reverse Stock Split

2024-04-12 08:00:00

Vancouver, British Columbia--(Newsfile Corp. - April 12, 2024) - ParcelPal Logistics Inc. (OTCQB: PTNYF) (CSE: PKG) (FSE: PT0A) (the "Company" or "ParcelPal"), is pleased to announce that it continues to make progress on securing a viable site in the southern U.S. to host the previously announced antmining machine business line. It is important to note that this site is the largest to date in terms of potential processing power with up to 100 Megawatts of power, capable of hosting up to 38,000 antmining machines.

CSE Bulletin: Consolidation - ParcelPal Logistics Inc. (PKG)

2024-04-09 12:19:00

Toronto, Ontario--(Newsfile Corp. - Le 9 avril/April 2024 - ParcelPal Logistics Inc. has announced a consolidation of its issued and outstanding common shares on the basis of one (1) post-consolidated common share for every ten (10) pre-consolidated common shares. As a result, the outstanding shares of the company will be reduced to approximately 27,804,046 common shares.

Frequently Asked Questions

What is the current ParcelPal Logistics Inc. (PTNYF) stock price?

ParcelPal Logistics Inc.(PNK:PTNYF) stock price is $0.011 in the last trading session. During the trading session, PTNYF stock reached the peak price of $0.139 while $0.011 was the lowest point it dropped to. The percentage change in PTNYF stock occurred in the recent session was --78.0% while the dollar amount for the price change in PTNYF stock was -$-0.04.

PTNYF's industry and sector of operation?

The PNK listed PTNYF is part of Integrated Freight & Logistics industry that operates in the broader Industrials sector.

Who are the executives of PTNYF?

Mr. Andrew Brown | Corporate Secretary
Mr. Rich Wheeless | Chief Executive Officer, Chief Financial Officer & Chairman
Mr. Rod Santulan | Senior Vice President of Operations
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How many employees does PTNYF have?

Number of PTNYF employees currently stands at 193. PTNYF operates from 1111 Melville Street, Vancouver, BC V6E 3V6, CA.

Link for PTNYF official website?

Official Website of PTNYF is: https://www.parcelpal.com

How do I contact PTNYF?

PTNYF could be contacted at phone #587 883 9811 and can also be accessed through its website. PTNYF operates from 1111 Melville Street, Vancouver, BC V6E 3V6, CA.

How many shares of PTNYF are traded daily?

The average number of PTNYF shares traded daily for last 3 months was 0.

What is the market cap of PTNYF currently?

The market value of PTNYF currently stands at $4.36B with its latest stock price at $0.011