Why is Midwest Gold falling/rising?

As of 14-Jul, Midwest Gold Ltd's stock price is rising, currently at 1,100.70, reflecting an increase of 21.55 or 2.0%. The stock has reached a new 52-week and all-time high today, demonstrating strong performance with a consecutive gain over the last 21 days, resulting in a remarkable 51.42% return during this period. Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, it is important to note that there has been a decline in investor participation, as the delivery volume has fallen by 33.71% compared to the 5-day average, which could suggest a potential concern regarding sustained interest in the stock.
In the broader market context, Midwest Gold's short-term performance has significantly outpaced the benchmark, with a 10.36% increase over the past week compared to a decline of 1.42% in the Sensex. This trend is consistent with the stock's year-to-date performance, which shows an extraordinary increase of 886.56% against the benchmark's 5.27%. The stock's ability to outperform the sector by 2.72% today further emphasizes its strength in the current market environment, despite the noted decrease in investor participation.