Why is Midwest Gold falling/rising?

As of 22-Sep, Midwest Gold Ltd is experiencing a price increase, currently at Rs. 2,543.35, which reflects a rise of 121.1 points or 5.0%. The stock has hit a new 52-week and all-time high today, and it has outperformed its sector by 5.24%. Over the past week, the stock has gained 36.65%, continuing a streak of gains for the last seven days. Additionally, it is trading above all key moving averages, indicating strong momentum. However, there has been a notable decline in investor participation, with delivery volume dropping by 87.79% compared to the five-day average, which may suggest some caution among investors despite the positive price movement.
In the broader market context, Midwest Gold's performance has significantly outpaced the Sensex, with a one-week return of 27.62% compared to the benchmark's modest gain of 0.46%. Year-to-date, the stock has skyrocketed by 2,179.60%, while the Sensex has only increased by 5.15%. This stark contrast highlights the stock's exceptional performance relative to the broader market, reinforcing the bullish sentiment surrounding Midwest Gold.