Why is Midwest Gold falling/rising?

As of 08-Jul, Midwest Gold Ltd is experiencing a rise in its stock price, currently at Rs. 1,017.25, reflecting an increase of Rs. 19.9 or 2.0%. The stock has hit a new 52-week and all-time high today, and it has been on a consecutive gain streak for the last 21 days, accumulating a remarkable 51.47% return during this period. Additionally, the stock has significantly outperformed the sector by 2.69% today. In terms of returns, Midwest Gold has shown impressive performance over various periods, including a year-to-date increase of 811.76% and a staggering 2,515.71% over the past year. The stock is also trading above all its moving averages, indicating strong upward momentum. There is no information available regarding positive or negative factors that could impact the stock's recent movement.
In the broader market context, Midwest Gold's short-term return of 10.39% over the past week significantly outpaces the Sensex, which has only seen a marginal increase of 0.02% during the same period. This stark contrast highlights the stock's strong performance relative to the benchmark, suggesting robust investor interest and confidence in the company's prospects. The rising investor participation, evidenced by a 6.89% increase in delivery volume against the 5-day average, further supports the notion that the stock is gaining traction in the market. Overall, the combination of strong stock-specific performance and favorable comparisons to the broader market contributes to the ongoing rise in Midwest Gold's stock price.