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

Some pleasing share price gains are driving trading volumes on the share market today.

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What a start to the training week it has been for the S&P/ASX 200 Index (ASX: XJO) this Monday! After a shaky week last week, the ASX 200 hit the ground running today. At present, the index is up a pleasing 0.91%, lifting it back above 7,210 points. Let's hope this is the tone for the rest of the week.

But time now for a deeper dig into these happy moves. So let's take a look at the ASX 200 shares that are currently at the peak of the share market's trading volume charts right now, according to investing.com.

The 3 most traded ASX 200 shares by volume this Monday

Evolution Mining Ltd (ASX: EVN)

First up this Monday is the ASX 200 gold miner Evolution. This session has had a sizable 12.34 million Evolution shares make their way across the markets at this point of the day. This might be a consequence of Evolution's investor day presentation to investors this morning.

As my Fool colleague looked at this afternoon, the miner announced that has used the occasion to reveal a restructuring of its debt profile that has resulted in an extra $445 million in liquidity over the next three years.

Investors seem to approve, with the Evolution share price up a  happy 2.83% at present to $3.63 a share. It's probably these two factors that are behind the high trading numbers we are seeing.

Pilbara Minerals Ltd (ASX: PLS)

Next up, we have ASX 200 lithium stock Pilbara Minerals to consider. A decent 12.62 million Pilbara shares have been bought and sold on the ASX as it currently stands. We haven't had any fresh news out of Pilbbara today. But that hasn't stopped this lithium share from enjoying a strong performance.

Right now, the Pilbara share price is up by a notable 2.24% at $4.56 a share. But this morning saw the company climb even higher, hitting a peak of $4.65. These strong gains are probably why we are seeing so many Pilbara Minerals shares flying around.

Telstra Group Ltd (ASX: TLS)

From PLS to TLS! Finally, let's talk about ASX 200 telco Telstra. A chunky 19.4 million Telstra shares have been dialled up for trading at this point of the day. Like Pilbara Minerals, we haven't heard anything from the company directly that might easily explain this elevated trading volume that we see.

So it's probably a result of the healthy share price movements we have seen the telco enjoy this session. At present, Telstra is up by 1.15% at $4.39 a share, just a touch off the company's 52-week high of $4.43. That's despite Telstra shares briefly dipping into red territory this morning.

Motley Fool contributor Sebastian Bowen has positions in Telstra Group. 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 positions in and has recommended Telstra Group. 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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