Ero Copper Corp.

ERO trades at a striking 10.17x earnings—nearly a third below typical copper mining peers—yet its RSI of 67.8 signals overbought territory, suggesting the market is catching up to something. The $3.0B market cap reflects a company that's operationally validated but potentially undervalued on fundamentals. This disconnect between cheap valuation and strong momentum creates an interesting tension: either the P/E gap closes upward as sentiment improves, or RSI compression unwinds the recent rally. The fact it's not at 52-week highs despite overbought conditions hints at previous resistance that could matter if copper prices stabilize or the broader commodity cycle shifts.