Why is Midwest Gold falling/rising?

As of 23-Oct, Midwest Gold Ltd is experiencing a decline in its stock price, currently at Rs 2,029.60, which reflects a decrease of Rs 41.4 or 2.0%. The stock has been on a downward trend, having lost value for the last 15 consecutive days, resulting in a total decline of 25.43% during this period. Additionally, the stock opened with a loss of 2% today and has not fluctuated beyond this price point. In terms of performance against benchmarks, the stock has underperformed significantly, with a 1-week return of -6.97% compared to the Sensex's gain of 1.30%, and a 1-month return of -24.00% against the Sensex's 2.99% increase. Notably, while the stock has shown remarkable long-term gains, such as a year-to-date increase of 1719.13%, its recent performance indicates a troubling trend.
Broader Market Context: The broader market context shows that while the Sensex has been performing positively, Midwest Gold's short-term returns are starkly negative, highlighting a significant divergence from the overall market trend. The rising investor participation, indicated by a substantial increase in delivery volume, suggests that there may be interest in the stock despite its recent poor performance. However, the liquidity remains adequate for trading, which could provide some support. Overall, the combination of consecutive losses, underperformance relative to the sector, and the current market conditions contribute to the stock's ongoing decline.