AP reports Silver Standard Resources shares fell today after the mining company said its second-quarter loss widened as it prepared several highly promising properties across Latin America and British Columbia, Canada.

For the three months ended June 30, the Vancouver, Canada-based company posted a loss of 5.5 million Canadian dollars ($5.2 million), or 9 Canadian cents (8.6 cents) per share, compared with 5 million Canadian dollars, or 8 cents per share, in the year-earlier quarter.

Jorge Beristain, Deutsche Bank-North America Analyst "holds" rating on the shares:

"Despite the continued increase in silver resources, the main plans for the mines that will be brought into production haven't changed significantly and we continue to ... (find) better investment alternatives in the sector at this time."

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