Why is Dec.Gold Mines falling/rising?

As of 25-Jul, Deccan Gold Mines Ltd is experiencing a decline in its stock price, currently at Rs 138.05, reflecting a decrease of Rs 2.55 or 1.81%. The stock has been on a downward trend, losing value for the last three consecutive days, with a total drop of 3.5% during this period. Despite generating a return of 12.24% over the past year and outperforming the BSE500 in the last three annual periods, the company is facing significant challenges. Key negative factors include operating losses, a high Debt to EBITDA ratio, and a decrease in promoter confidence, as they have reduced their stake in the company by 0.52%. Additionally, the stock's performance today aligns with sector trends, but a notable drop in delivery volume indicates falling investor participation.
In the broader market context, the stock's short-term performance has been underwhelming compared to the benchmark, with a 1-week return of -0.72% against the Sensex's -0.36%. While the stock has shown strong long-term returns, including a remarkable 371.97% increase over three years, the recent operating losses and negative EBITDA signal a risky investment environment. The company's weak long-term fundamental strength and declining promoter confidence contribute to the stock's current downward trajectory, overshadowing its historical performance.