Why is Midwest Gold falling/rising?

As of 30-Jun, Midwest Gold Ltd's stock price is rising, currently at Rs. 903.45, reflecting an increase of 17.7 points or 2.0%. The stock has been on a positive trajectory, gaining for the last 21 days and achieving a remarkable 51.47% return over this period. It reached a new 52-week and all-time high of Rs. 903.45 today, opening with a 2% gain. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating strong upward momentum. Notably, investor participation has surged, with delivery volume increasing by 344.21% against the 5-day average, suggesting heightened interest in the stock. There is no information available regarding positive or negative factors that could further explain the stock's recent movement.
Broader market context shows that while Midwest Gold has outperformed the benchmark Sensex significantly, with a year-to-date return of 709.76% compared to the Sensex's 7.00%, it has underperformed its sector by 0.39% today. Over the past week, the stock has gained 10.39%, while the Sensex has only increased by 2.09%. This substantial outperformance indicates strong investor confidence in Midwest Gold relative to the broader market, contributing to its rising stock price.