The S&P/ASX 200 Index (ASX: XJO) seems to be on the road to recovery so far this Tuesday after a dismal start to the trading week yesterday. At the time of writing, the ASX 200 has gained an additional 0.22%, lifting the index down to just under 7,250 points.
But let's dig deeper into these share market gains by taking stock of the shares currently topping the ASX 200's share trading volume charts, according to investing.com.
The 3 most traded ASX 200 shares by volume this Tuesday
Evolution Mining Ltd (ASX: EVN)
Our first cab off the rank today is an ASX 200 gold mining share. Evolution has had a chunky 15.27 million of its shares trade hands on the stock market so far this Tuesday. We haven't had any meaningful news or announcements out of Evolution today.
But the gold miner has had a rough time of it share price wise. At present, Evolution shares are down by 0.56% at $2.66 each. But this morning saw the company descend as low as $3.55, a loss of around 4%. This comes after some falls in the gold price itself overnight. It's probably this drop this morning (and partial recovery) that is behind the volumes we see.
Core Lithium Ltd (ASX: CXO)
Next up today is the ASX 200 lithium share Core Lithium. This session has had a decent 19.89 million Core Lithium shares find a new home thus far. There hasn't been any fresh news out of Core Lithium either. But the Core Lithium share price has certainly had a bumpy rise today, which is the likely cause of these high volumes.
Core Lithium shares opened in the red this morning at $1.26 each after closing at $1.29 yesterday. But investors have flooded back in over today's session, with the company now up a healthy 1.32% at $1.31 a share.
Pilbara Minerals Ltd (ASX: PLS)
Finally this Tuesday we have another ASX 200 lithium share in Pilbara Minerals. So far today, a large 23.49 million Pilbara shares have made their way across the ASX boards. It seems like there is a similar situation to Core Lithium happening here. We've also seen some big volatility in the Pilbara share price.
But this involved Pilbara spiking to $4.62 a share this morning before returning to a lower price. At present, the lithium producer is going for $4.46 a share, up by 1.02%. All of this bouncing around is the likely cause of the elevated trading volumes on display here.
