What a dreary week it is turning out to be for the S&P/ASX 200 Index (ASX: XJO) this week. The ASX 200 looks set to record another loss this Wednesday, in what would be its third of the week. At the time of writing, the index is down by 0.37% at around 7,115 points.
But rather than letting that get us down, let's check out the ASX 200 shares currently at the top of the share market's trading volume charts, according to investing.com.
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The 3 most traded ASX 200 shares by volume this Wednesday
Gold Road Resources Ltd (ASX: GOR)
First up today is the ASX 200 gold miner Gold Road Resources. This Wednesday has seen a sizeable 10.65 million Gold Road shares exchanged on the markets thus far. There has been no news or announcements out of this miner today.
Therefore, it seems likely that this high trading volume is a result of the machinations of the Gold Road share price itself. At present, the miner has lost a nasty 0.8% and is down to $1.65 a share.
But Gold Road has swapped between green and red all day, and rose as high as $1.68 a share around lunchtime before falling back to its present level.
Core Lithium Ltd (ASX: CXO)
Next up is the ASX 200 lithium stock Core Lithium. A notable 31.73 million Core Lithium shares have been bought and sold on the ASX this Wednesday. Core Lithium has had an absolutely wild week. Monday saw the lithium share gain almost 12%, while yesterday had Core Lithium lose it all and then some with a 15.8% drop.
Today, the company is down another 4.5% at $1.50 a share. All of this bouncing around seems to be the smoking gun for the elevated volumes we are seeing.
Pilbara Minerals Ltd (ASX: PLS)
Last but certainly not least, we have another ASX 200 lithium share in Pilbara Minerals. Today we have seen a hefty 32.11 million Pilbara shares change hands as it currently stands. Unlike Core Lithium, Pilbara shares are having a stellar day. The company is presently up a healthy 2.8% at $4.96 a share.
This comes after Pilbara flagged that it is looking forward to paying out its first-ever dividend next year. Lithium shares are not famous for their income, so this would be something of a game changer for the sector.
It's perhaps no surprise that investors are excited, which probably explains the high volumes we are seeing.
