Why is Dec.Gold Mines falling/rising?

As of 17-Jul, Deccan Gold Mines Ltd is experiencing a slight increase in its stock price, currently at 139.65, reflecting a change of 0.3 or 0.22% upward. The stock has shown a trend reversal, gaining after three consecutive days of decline. In terms of performance, it has generated an 8.51% return over the past month and a substantial 21.70% return over the last year, outperforming the BSE500 index during these periods. However, the company faces challenges, including operating losses and a weak long-term fundamental strength, with a significant decline in operating profit over the past five years. Additionally, the stock's high Debt to EBITDA ratio raises concerns about its ability to service debt, which may deter some investors.
In the broader market context, the stock's short-term performance over the past week has been negative at -2.78%, while the benchmark Sensex has only declined by 1.12%. Despite the recent uptick, the stock's liquidity remains adequate, with a notable increase in delivery volume, indicating rising investor participation. However, the absence of domestic mutual fund investment suggests a lack of confidence among institutional investors, which could be a factor in the stock's volatility. Overall, while the stock has shown positive returns in the long term, its current challenges and market perceptions may contribute to its fluctuating price movements.