Why is Midwest Gold falling/rising?

As of 12-Nov, Midwest Gold Ltd is experiencing a price increase, with its current price at Rs 2,822.05, reflecting a rise of Rs 134.35 or 5.0%. The stock has recently hit a new 52-week and all-time high, and it has outperformed its sector by 4.08%. Over the past two days, the stock has gained 10.01%, and it is trading above all key moving averages, indicating strong upward momentum. However, there has been a slight decline in investor participation, with delivery volume down by 3.59% compared to the five-day average, which could suggest some caution among investors despite the positive price movement.
In the broader market context, Midwest Gold's one-week return of 12.15% significantly outpaces the Sensex's return of 1.21%, highlighting its strong performance relative to the benchmark. Over the past month, the stock has increased by 19.31%, while the Sensex has only risen by 2.38%. This substantial outperformance over both short-term and long-term periods, including an impressive year-to-date return of 2,429.40% compared to the Sensex's 8.10%, underscores the stock's strong market position and investor interest, despite the recent dip in trading volume.