Why is Dec.Gold Mines falling/rising?

As of 26-Jun, Deccan Gold Mines Ltd is experiencing a price increase, currently at Rs 144.90, reflecting a rise of Rs 6.5 or 4.7%. The stock has shown strong performance today, outperforming its sector by 3.88% and achieving a consecutive gain over the last two days with a total return of 9.4%. It has also touched an intraday high of Rs 145.4. The stock's performance over various periods indicates robust growth, with a year-to-date return of 27.67% and a staggering 567.74% increase over the last three years. However, despite these positive trends, the company faces challenges such as operating losses and a high Debt to EBITDA ratio, which may impact long-term investor confidence.
In the broader market context, Deccan Gold Mines Ltd has outperformed the Sensex, which has only increased by 2.94% over the past week, while the stock has risen by 8.78%. This indicates a strong relative performance in the short term. However, the company’s fundamentals are concerning, as it has reported negative EBITDA and significant operating losses, which could deter long-term investment despite its recent price gains. The lack of domestic mutual fund investment suggests that institutional investors may be cautious about the stock's valuation and future growth potential, which could influence its price movements moving forward.