Why is Midwest Gold falling/rising?

As of 15-Jul, Midwest Gold Ltd is experiencing a price increase, currently at Rs 1,122.70, which reflects a rise of 22.0 points or 2.0%. The stock has reached 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 51.43% return during this period. Additionally, the stock has significantly outperformed the sector by 0.82% today and is trading above all key moving averages, indicating strong bullish momentum. However, it is worth noting that there has been a decline in investor participation, with delivery volume dropping by 72.77% compared to the 5-day average, which could suggest a potential concern regarding sustainability of the current price levels.
In the broader market context, Midwest Gold's short-term performance has been exceptional, with a 10.37% increase over the past week, contrasting sharply with the Sensex, which has declined by 1.36% during the same period. Over the last month, the stock has surged by 54.45%, while the Sensex has only gained 1.79%. This stark difference highlights the stock's strong relative strength in a challenging market environment. Overall, the combination of impressive returns and recent price movements suggests that Midwest Gold is currently benefiting from positive sentiment despite the noted decrease in trading volume.