Here are the 3 most heavily traded ASX 200 shares on Tuesday

Mining shares are leading the ASX 200's trading volumes this Tuesday.

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The S&P/ASX 200 Index (ASX: XJO) has taken a nasty dive over the course of this Tuesday's trading and is now sitting at a significant loss for the trading day. At the time time of writing, the ASX 200 has lost a notable 0.54% and is back to just under 7,500 points.

That's after the index spent most of the day in the green, but thanks to the Reserve Bank of Australia's interest rate decision this afternoon, investors might have to suck this one up.

But rather than dwelling on all of that, let's now take a look at the ASX 200 shares that are currently topping the share market's trading volume charts, according to investing.com.

blue arrows representing a rising share price ASX 200

Image source: Getty Images

The 3 most traded ASX 200 shares by volume this Tuesday

Chalice Mining Ltd (ASX: CHN)

ASX 200 diversified mining share Chalice is our first horse out of the stable this Tuesday. This session has seen a hefty 11.54 million Chalice shares change hands as it currently stands. There hasn't been any recent news or announcements out of this company itself.

So today's volume is probably a direct consequence of the share price movements we have seen today. At present, Chalice is up a healthy 1.48% at $6.52 a share.

But the miner spent most of the morning in the red and got down to $6.21 at one point. It's probably this bouncy day of trading that has resulted in so many Chalice shares flying around.

Beach Energy Ltd (ASX: BPT)

Next up we have ASX 200 energy share Beach. So far this trading day, a decent 13.43 million Beach shares have found a new home. Beach shares are defying the market today and have pushed significantly higher.

The oil share is currently enjoying a 2.73% lift to $1.58 a share, which is the most likely explanation as to why we are seeing so many Beach shares trading.

This lift could be a result of higher oil prices, or perhaps a response to some recent love out of an ASX broker.

Sayona Mining Ltd (ASX: SYA)

Our final stock of the day is none other than ASX 200 lithium share Sayona Mining. This Tuesday has had a chunky 22.51 million Sayona shares bought and sold at the time of writing. This looks like a direct response to Sayona's nasty share price actions this session.

The lithium producer has had a shocker of a day and is currently down to 24 cents a share, a full 3.3% down from where it ended up yesterday.

With no other news out from Sayona, we can only assume that this rather large drop in value is to blame for the high volumes on display here.

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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