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Last $0.22 USD
Change Today +0.02 / 10.00%
Volume 67.6K
ABKI On Other Exchanges
As of 8:10 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

abakan inc (ABKI) Snapshot

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52 Week High
09/19/14 - $0.99
52 Week Low
08/24/15 - $0.11
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Average Volume 10 Days
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Current Stock Chart for ABAKAN INC (ABKI)

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abakan inc (ABKI) Details

Abakan Inc., a development stage company, designs, develops, manufactures, and markets nanocomposite materials, fabricated metal products, engineered metal composites, and engineered reactive materials for applications in the oil and gas, petrochemical, mining, aerospace and defense, energy, infrastructure, and processing industries primarily in the United States. The company offers PComP, a family of nanocomposite cermet coating materials that are used to impart wear and corrosion resistance and to restore dimensions of worn metal components. Its products include PComP T, a titanium carbo-nitride based high corrosion/wear resistant and low friction high velocity oxygen fuel coating; PComP S, a silicon-nitride based hard chrome replacement solution for aerospace applications; PComP W, a nano-engineered tungsten carbide coating solution for thermal spray coatings; PComP –M, a hierarchically structured molybdenum boride coating for use in liquid metal corrosion applications; ZComP, a nanocomposite thermal barrier coating; and CermaClad, a technology that is used to produce coatings that protect metal, primarily carbon steel, from wear and corrosion. The company was founded in 2006 and is headquartered in Miami, Florida.

abakan inc (ABKI) Top Compensated Officers

Chief Executive Officer, President, Chief Fin...
Total Annual Compensation: $120.0K
Vice President of Marketing
Total Annual Compensation: $55.0K
Compensation as of Fiscal Year 2014.

abakan inc (ABKI) Key Developments

Abakan, Inc. Announces Resignation of Skoda Minotti as Independent Registered Public Accounting Firm

On June 22, 2015, Abakan Inc.’s independent registered public accounting firm Skoda Minotti resigned as its independent registered public accounting firm.

Abakan Inc. Receives Orders for Coating ‘Lances’

Abakan Inc. has received orders for coating ‘lances’ which are used heavily in iron ore production and anticipates trial orders for coating tuyeres, pumps, clad plates, turbines and other manufacturing components.

Abakan, Inc. Announces Executive Changes

Abakan Inc. reported that Costas M. Takkas, the company’s CFO has been detained in Switzerland, based on an indictment issued by the U.S. District Court, Eastern District of New York charging him with certain activities unrelated to his position with Abakan with effect from May 29, 2015. Based on this development, Abakan has suspended Mr. Takkas from undertaking any further responsibilities as its CFO. Meanwhile, Robert Miller, Abakan’s CEO will now also act as interim CFO.


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Valuation ABKI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 14.8x
Price/Book 3.5x
Price/Cash Flow NM Not Meaningful
TEV/Sales 9.0x

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