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

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

Sebastian Bowen

Author Bio Sebastian Bowen has been a Motley Fool contributor since late 2018. Sebastian found his passion for writing and educating others about shares and all things finance after completing his studies in political, economic and social science and enjoys bringing this passion to life at the Fool. His investment philosophy is a simple one – buying high-quality companies at prices that make sense. When he’s not researching his next investment at all hours of the morning, Sebastian enjoys classic movies and likes to unwind with a good book, newspaper or record. Areas of Expertise Dividend investing ETFs Education Bachelor of Political, Economic, and Social Sciences (Government and International Relations), University of Sydney Social Media X/Twitter Favorite Investment Quote "In the short run, the market is a voting machine, but in the long run, it is a weighing machine." – Benjamin Graham

Published February 7, 2023 3:45 pm AEDT

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.

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