Why is Midwest Gold falling/rising?

As of 01-Aug, Midwest Gold Ltd's stock price is rising, currently at 1,452.05, reflecting an increase of 28.45 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 51.47% return during this period. Additionally, the stock has significantly outperformed the sector by 0.62% today. In terms of returns, Midwest Gold has shown impressive performance over various periods, with a year-to-date increase of 1201.47% and a staggering 5-year return of 16307.34%. However, it is worth noting that there has been a decline in investor participation, with delivery volume dropping by 66.59% against the 5-day average.
In the broader market context, while Midwest Gold has been experiencing substantial gains, the benchmark Sensex has seen a decline of 1.06% over the past week and a decrease of 3.70% over the past month. This stark contrast highlights the stock's strong performance relative to the broader market, particularly given its impressive year-to-date return compared to the Sensex's modest 3.15% increase. The stock's ability to maintain its upward trajectory despite a falling market indicates robust investor confidence, although the declining delivery volume may suggest caution among some investors.