It isn't really cut down , just the forestocks have.
Barrel looks uncut.
X2 on the aftermarket mag.
It's a good candidate for a easy restoration.
$175 tops .
If you can give us the first 3 numbers off the serial , we can determine the factory of origin...if you like.
I've bought cut down stocks for my original Canadian No4 , saving the original stocks so not to do any more damage to it's collectiblity. Stocks and parts for these are made to be readly changed out.