zack: I have one just like that which I purchased for under $20 in 19 and 66. The sporter stock it now wears is reconfigured from the original sporter I put on back then. It is Maple, with a Monte Carlo cheekpiece. You can find wood sporter stocks for the SMLEs from the different stock manufacturers. They may not advertise them because of the low demand but they are available.
When I reconfigured mine, I also bedded both parts of the stock and she groups 3 handloads into the same hole at 100 yds. Now, this is a Stevens, US made #4, Mk1 made in 1942. With the S&B 180 grain (.311 dia) fmjs, she groups just over an inch at the same distance. My handloads group under 3/4's of an inch. I luv it. It has taken many, many head of game including elk and bear. I would use that caliber for anything but the largest and most dangerous north American game. Hope this helps. Mikey.