Coal play Endocoal appears to have halted its dramatic slide since listing on the exchange in late April. Shares in the coking and thermal explorer have climbed to 41¢ from a record low of 35¢.

The company made its debut priced at 60¢, surging to 68¢ in its first day of trade. Investors who offloaded the stock at 68¢ made a tidy 13 per cent profit, but those who have held on are wearing a 31 per cent paper loss.