WEll jumping up a caliber I, (my grandson) have the Ruger Compact which has the 16.5" barrel in .308. It shoots great. I have not worked up any handloads for the 150gr bullets as I picked up a good supply of a lot of Remington 150 CL's a while back and have been happy with the 1.5" groups it gets with them.
As to taking game at range, well mine has dropped a few pretty big hogs out past 300yds as well as a few up close and personal. The grandson and I picked this one off the back hill side at our family farm a year or so back just over 400yds,
He wouldn't set any weight records but was pushing the 300# mark pretty hard. He required a finishing shot but that was due to the shoulder plate absorbing most of the impact. The bullet did however penetrate to just under the hide on the offside. You got to figure that if it will take out a decent hog it will work pretty well on other game.
Your not going to get any blazing velocities with it, but using a decent 140gr bullet you will be in good shape out to as far as 300yds on light to medium game easily if you do your part and with the right bullet and conditions 200yds on something bigger wouldn't be out of the question. The grandson has pretty much laid claim to the Ruger and has shot some decent groups with it and some reduced loads. He is now shooting the Barnes 130gr TSX which he used to take his second boar hog this past Nov. and with a 125gr BT he got his first yote at just over 150 yds,
Good luck with yours, I know we have put this one through the wringer. For the most part just about anytime we head out to the woods it gets taken. It is a pleasure to shoot and quick and light weight for up close shooting should you jump something up from its bed.